PayPal: Early Inflection On Transaction Revenue Growth, Margins
PayPal(PYPL) Seeking Alpha·2024-08-12 22:01
ZeynepKaya/E+ via Getty Images Investment Thesis PayPal Holdings, Inc. (NASDAQ:PYPL) has been trading sideways for more than a year due to sluggish revenue growth, which justifies its lower valuation. While the company topped both revenue and non-GAAP EPS consensus in Q2 FY2024, its Q3 revenue guidance suggests a continued YoY growth slowdown. Although there is a slight softness in PYPL's payment volume growth, active customer accounts have started to increase since Q1 FY2024. The company's operating margin ...