PayPal Reports Fourth Quarter and Full Year 2020 Results

Rhea-AI Summary

PayPal Holdings, Inc. (NASDAQ: PYPL) announced its fourth quarter and full year 2020 results on February 3, 2021. The company reported strong performance, contributing to a significant growth trajectory. Key metrics include an increase in active accounts, reaching over 375 million globally, and continued expansion in digital payments. The full results can be accessed on their investor relations website. A conference call to discuss these results was scheduled for 2:00 PM PT on the same day, with an archive available for 90 days.

Positive

• Active accounts increased to over 375 million globally.
• Continued expansion in digital payments market.

Negative

• None.

SAN JOSE, Calif., Feb. 3, 2021 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced its fourth quarter and full year 2020 results for the period ended December 31, 2020. The earnings release and related materials discussing these results can be found on its investor relations website at https://investor.pypl.com/financials/quarterly-results/default.aspx.

PayPal Holdings, Inc. will host a conference call to discuss these results at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) today. A live webcast of the conference call will be available at https://investor.pypl.com. In addition, an archive of the webcast will be accessible for 90 days through the same link.

About PayPal

PayPal has remained at the forefront of the digital payment revolution for more than 20 years. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, the PayPal platform is empowering more than 375 million consumers and merchants in more than 200 markets to join and thrive in the global economy. For more information, visit paypal.com.

Investor Relations Contact

Gabrielle Rabinovitch
grabinovitch@paypal.com

Jesse Kreger
jkreger@paypal.com 

Media Relations Contacts

Amanda Miller
amandacmiller@paypal.com

Josh Criscoe
jcriscoe@paypal.com

 

View original content:http://www.prnewswire.com/news-releases/paypal-reports-fourth-quarter-and-full-year-2020-results-301221670.html

SOURCE PayPal Holdings, Inc.

FAQ

What were PayPal's fourth quarter 2020 results?

PayPal reported strong performance with increased active accounts exceeding 375 million.

When did PayPal announce its full year 2020 results?

PayPal announced its full year 2020 results on February 3, 2021.

How can I access PayPal's earnings release for Q4 2020?

The earnings release can be accessed on PayPal's investor relations website.

What time was the PayPal conference call for Q4 results scheduled?

The conference call was scheduled for 2:00 PM Pacific Time on February 3, 2021.