The PayPal logo displayed on a smartphone screen with a stock market graphic in the background.
Omar Marques | SOPA Images | LightRocket | Getty Images
PayPal shares fell more than 14% after hours on Tuesday after reporting mixed results and Q1 guidance that fell below analyst estimates.
Here are the key numbers:
- Earnings per share: $1.11 per share, ex-items vs. $1.12 per share expected, according to a Refinitiv survey of analysts
- Revenue: $6.92 billion vs. $6.87 billion expected, according to Refinitiv
The company expects Q1 non-GAAP earnings per share of 87 cents, short of the $1.16 analysts anticipated.
PayPal said it had 9.8 million Net New Active Accounts (NNAs) added in the fourth quarter, which includes 3.2 million from its acquisition of Paidy.
This story is developing. Check back for updates.
