 "Stock-based compensation to employees behind PayPal’s impressive numbers")
Investors liked what they saw in PayPal’s second-quarter financial results, reported by the digital and mobile payments giant on July 26. Revenues grew to $3.14 billion in the quarter that ended in June, an increase of 18 per cent over the same period last year. Total payment volume of $106 billion was up 23 per cent, year over year.
Even better, PayPal’s favoured earnings-per-share measure — which it does not calculate in accordance with generally accepted accounting principles, or GAAP — came in at 46 cents per share, 3 cents more than Wall Street analysts had expected. Naturally, many factors contributed
