(NASDAQ: PYPL) recently reported its second-quarter 2023 financial results. Revenue totaled $7.3 billion (up 7% year over year), with adjusted diluted earnings per share coming in at $1.16 (up 24%). These figures beat Wall Street estimates.

Besides these key headline figures, which show a business that is still expanding, there are other reasons that PayPal is a good company. But that doesn't mean investors should rush to buy the stock just yet. 

Here's why. 

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Source Fool.com