PayPal Holdings Inc (NASDAQ:PYPL) reported fiscal second-quarter revenue growth of 8% year over year to $7.89 billion, beating the analyst consensus estimate of $7.81 billion.
The company reported a quarterly adjusted EPS of $1.19, beating analyst consensus estimates of $0.98. The stock price gained after the print.
Total payment volumes increased 11% year-over-year to $416.8 billion in the quarter.
Payment transactions were up 8% to $6.6 billion, and the payment transactions per active account increased 11% on a trailing 12-month basis.
Total active accounts decreased by 0.4% to 429 million. On a sequential basis, active accounts increased …