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PayPal CEO Calls 2024 a ‘Transition Year’ Amid Churn and Slowing Growth

February 07, 2024
Interviews & Exclusives
PayPal CEO Calls 2024 a ‘Transition Year’ Amid Churn and Slowing Growth

February 07, 2024
Slowing growth. A churning of inactive accounts. A slew of puts and takes dominated PayPal’s earnings Wednesday (Feb. 7), and a number of flat metrics sent investors headed, at least initially, for the exits in after-hours trading. The stock was down 7% Wednesday evening. Revenue rose 9% to $8 billion in the quarter, as calculated […]