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The PYPL stock price has been rising since the end of October 2023.
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In the recent quarter, the company’s revenue from subscription services grew 28%.
PayPal Holdings Inc. (NASDAQ: PYPL) is currently in the headlines due to the current surge of 24% in the PYPL stock price. The company also reported its Q3 2023 financial results during the start of November and the upcoming date for the Quarter 4 is near.
It is expected to be released at the end of this month. That has sparked confidence and excitement in the investors expecting positive earnings in the upcoming quarter.
Q3 Earnings Highlights and Q4 Forecast
The company gave a solid financial performance during the 3rd quarter of fiscal 2023. The Total Payment Volume was reported to be $387 billion, which showed a growth of 15% when compared with the same quarter of the last financial year.
The company made a net revenue of $7.4 billion growing 8% Year on year. (The growth in the financial n
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