PayPal Reports Second Quarter 2022 Results

Rhea-AI Summary

PayPal Holdings, Inc. (NASDAQ: PYPL) announced its second-quarter 2022 results for the period ended June 30, 2022. The company continues to lead in digital payments, serving 429 million consumers and merchants globally across over 200 markets. For detailed results, stakeholders can refer to the earnings release on their investor relations website. A conference call was scheduled for 2:00 p.m. PT to discuss these results further. This quarter emphasizes PayPal's ongoing commitment to innovate within financial services and enhance user experience.

Positive

• PayPal has 429 million active users, indicating robust consumer engagement.
• Continues to operate in over 200 markets, showcasing global reach.

Negative

• None.

SAN JOSE, Calif., Aug. 2, 2022 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced its second quarter 2022 results for the period ended June 30, 2022. 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 429 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 Contacts

Gabrielle Rabinovitch
grabinovitch@paypal.com

Ryan Wallace
ryanwallace@paypal.com

Media Relations Contacts

Amanda Miller
amandacmiller@paypal.com

Josh Criscoe
jcriscoe@paypal.com

 

View original content:https://www.prnewswire.com/news-releases/paypal-reports-second-quarter-2022-results-301598417.html

SOURCE PayPal Holdings, Inc.

FAQ

What were PayPal's second quarter 2022 results?

PayPal reported its second quarter 2022 earnings on August 2, 2022, highlighting its ongoing leadership in digital payments.

What is the significance of PayPal's user base?

PayPal serves 429 million consumers and merchants, reflecting strong engagement and global presence.

When is the PayPal earnings conference call?

The conference call to discuss second quarter results was scheduled for 2:00 p.m. Pacific time on August 2, 2022.

Where can I find PayPal's earnings release?

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

How does PayPal maintain its market position?

PayPal leverages technology to enhance financial services, making them more convenient and secure for users.