PayPal’s (PYPL) adjusted earnings per share of $1.11 for the third quarter came in ahead of the analyst consensus estimate of $1.07, according to FactSet. But the company also posted revenue of $6.18 billion in the third quarter, which was short of estimates of $6.23 billion. Source link … [Read more...] about PayPal’s Q3 Earnings Beat Estimates but Revenues Fall Short
PayPals
Demand for PayPal’s crypto offering exceeded all expectations, CEO says
The demand for cryptocurrency exceeded PayPal’s initial expectations after the firm launched crypto trading in late 2020, according to the company’s CEO.“Demand on the crypto side has been multiple-fold to what we initially expected. There’s a lot of excitement,” PayPal president and CEO Dan Schulman said in a Sunday interview with Time magazine.Schulman said that existing … [Read more...] about Demand for PayPal’s crypto offering exceeded all expectations, CEO says
CEO says PayPal’s crypto commerce may reach $200M volume in just months
As the price of Bitcoin continues to reach new all-time highs, major corporations with existing crypto offerings in place are beginning to discuss grand plans for the future. Most recently, Dan Schulman, CEO of PayPal, hinted at future developments for PayPal’s crypto offering during Forbes’ “2021 Blockchain 50 Symposium: Crypto Goes Corporate,” an online event that took place … [Read more...] about CEO says PayPal’s crypto commerce may reach $200M volume in just months
ETH smashes records, Bitcoin’s brilliant quarter, PayPal’s big move
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekETH breaks record all-time high amid fresh price surgeEther? Record high! Binance Coin? Record … [Read more...] about ETH smashes records, Bitcoin’s brilliant quarter, PayPal’s big move