PayPal Shares Up On Earnings; Revenue Rises 17%

PayPal reported earnings after the bell Wednesday, and the stock quickly ticked up 6% in after hours trading. The payments company authorized a $2 billion stock repurchase program and reported revenue and earnings that exceeded the company’s full year guidance. PayPal’s fourth quarter adjusted revenue came in at $2.56 billion, up 17% year-over-year. Adjusted net income was $443… Read More...