President and CEO Alex Chriss said: “We delivered a solid set of results in Q1 and I’m encouraged by the progress the team is making against PayPal’s go-forward strategy and in strengthening our foundation. 2024 remains a transition year and we are focused on execution – driving our key strategic initiatives, realizing cost savings, and reinvesting appropriately to position the company for consistent, high-quality profitable growth in the future.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PYPL:
- Options Volatility and Implied Earnings Moves Today, April 30, 2024
- Options Volatility and Implied Earnings Moves This Week, April 29 – May 02, 2024
- DMG Blockchain Solutions enters collaboration with PayPal
- PayPal price target raised to $68 from $66 at Bernstein
- PayPal Stock (NASDAQ:PYPL): Top Analyst Lifts Price Target