The company said net revenues for Q2 2024 increased 8% to $7.9 billion (9% on a currency-neutral basis), and transaction margin dollars rose 8% to $3.6 billion.

1. 01

   The company said net revenues for Q2 2024 increased 8% to $7.9 billion (9% on a currency-neutral basis), and transaction margin dollars rose 8% to $3.6 billion.

2. 02

   PayPal said GAAP operating income for Q2 rose 17% to $1.3 billion, non-GAAP operating income rose 24% to $1.5 billion, GAAP EPS increased 17% to $1.08, and non-GAAP EPS increased 36% to $1.19.

3. 03

   The company said it generated operating cash flow of $1.5 billion and free cash flow of $1.4 billion in Q2, and that it returned $1.5 billion to shareholders by repurchasing about 24 million shares of common stock.

4. 04

   The company gave full-year GAAP EPS guidance of $3.88 to $3.98 in its July 2024 outlook, and the April 2024 outlook was approximately $3.65. It said full-year non-GAAP EPS growth is now low to mid-teens, up from the mid- to high-single-digit range in its April outlook.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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