Finance

Analysis of PayPal’s Q3’22 Earnings

11/04/2022
Bitcoin Ethereum News

November 4, 2022, 3:42PM EDT

• 2 min read

Quick Take

  • November 3, 2022, PayPal reported Q3’22 earnings 
  • Currently trades at $73.99 / share, a 67.7% decline in the last twelve months 
  • Increasing digital asset exposure and potential for aggressive M&A while asset prices remain depressed with ~$10.0bn cash and equivalents war chest 
  • Strong underlying operations create a robust platform to explore growing digital asset offerings through inorganic acquisitions 

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Source: https://www.theblockresearch.com/analysis-of-paypals-q322-earnings-183102?utm_source=rss&utm_medium=rss