PayPal Rides Mobile Payments to Record Heights

PayPal Rides Mobile Payments to Record Heights

PayPal Holdings, Inc. (NASDAQ: PYPL) has been on a tear over the last couple of years. The company has been transforming the digital-payments space in ways that many hadn't imagined, and its strategy is paying off in a big way.

PayPal reported earnings after the market closed on Thursday, exceeding analysts expectations on both the top and bottom lines, and raising its forecast for the full year. Investors cheered, sending the stock to an all-time high. Let's look at the numbers.

PayPal's broad-reaching strategy is paying huge dividends. Image source: PayPal.

Continue reading

Source: Fool.com