PayPal: Hard Not To Love At This Price
PayPal(PYPL) Seeking Alpha·2024-08-05 20:21
BlackJack3DPayPal (NASDAQ:PYPL) reported strong Q2'24 results last week that showed growth in accounts, double-digit growth in transactions per active account, as well as 31% Y/Y growth in the important free cash flow metric. The payment processing platform also generated high-single digit top line growth in Q2’24 and reported much better than expected earnings per share due to PayPal’s focus on reigning in costs. PayPal pulled in a significant ($1.0B+) in free cash flow in the second fiscal quarter, wh ...