PayPal Holdings, Inc. Bottom Line Retreats In Q2

(RTTNews) - PayPal Holdings, Inc. (PYPL) announced a profit for second quarter that Drops, from the same period last year

The company's earnings came in at $1.104 billion, or $1.25 per share. This compares with $1.261 billion, or $1.29 per share, last year.

Excluding items, PayPal Holdings, Inc. reported adjusted earnings of $1.219 billion or $1.38 per share for the period.

The company's revenue for the period rose 4.8% to $8.682 billion from $8.288 billion last year.

PayPal Holdings, Inc. earnings at a glance (GAAP) :

-Earnings: $1.104 Bln. vs. $1.261 Bln. last year. -EPS: $1.25 vs. $1.29 last year. -Revenue: $8.682 Bln vs. $8.288 Bln last year.