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What PayPal’s Latest Earnings Reveal About Its Market Position

  • PayPal's Q3 2024 earnings report showed mixed results, exceeding earnings expectations but narrowly missing revenue forecasts.
  • Adjusted earnings per share reached $1.20, a 22.4% increase from the previous year, highlighting the company's focus on profitability.
  • Total payment volume grew by 9% YoY to $422.6 billion, indicating PayPal's continued relevance in the digital payments space.
  • PayPal's market position is strong in high-demand sectors like online gambling and e-commerce, with extensive merchant adoption and global reach.

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