PayPal Holdings Inc raised its earnings outlook on April 26 after reporting higher-than-expected quarterly profit resulting from an increase in payment processing volumes and user growth.
The company raised its full-year profit forecast to US$1.28-US$1.33 (RM5.57-RM5.78) per share from US$1.26-US$1.31 (RM5.48-RM5.70), and said its board authorised a US$5bil (RM21.74bil) share buyback programme.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!