PayPal Q3 Earnings: Revenue Falls Short of Expectations, Strong Payment Volume Growth, CEO Sees 15%-20% Increase In BNPL

PayPal Holdings Inc (NASDAQ:PYPL) reported fiscal third-quarter revenue growth of 6% year over year to $7.85 billion, marginally missing the analyst consensus of $7.88 billion. 

The company reported an adjusted EPS of $1.20, beating analyst consensus of $1.07. The stock dipped after the print.

Also Read: Apple Pay Expands Buy Now, Pay Later With Affirm, Adds Support For Third-Party Browsers And More

Total payment volumes increased 9% year-over-year to $422.6 billion in the quarter. Payment transactions were up 6% to $6.6 billion, and the payment transactions per active account increased 9% on a trailing 12-month basis to $61.40.

Total active accounts decreased by ...