PayPal’s Q4 earnings disappoint as revenue comes in at $8.68B, stock plunges 20%

PayPal’s stock collapsed 20% on Tuesday after it delivered weak Q4 earnings, missed revenue expectations, and warned about a sluggish year ahead. The company pulled in $8. 68 billion in revenue for the quarter, missing Wall Street’s forecast of $8. 80 billion. That wasn’t all. Adjusted profit came in at $1. 23 per share, shy of the $1. 28 […] source: https://www.cryptopolitan.com/paypals-q4-earnings-disappoint/