PayPal Q2 revenue $6.8B (+9%), non-GAAP EPS $0.93, appoints Blake Jorgensen CFO, $15B buyback

PayPal Holdings, Inc.

2022-Q2 EPS reported $0.14 revenue$13,289,000,000

Net revenue $6.8B (+9% YoY); non-GAAP EPS $0.93 (vs $1.15); GAAP EPS ($0.29) includes $0.37 tax charge and $0.45 investment loss.
TPV $339.8B (+9% spot, +13% FXN); ex-eBay revenue +14%.
FY22 guidance: revenue ~$27.85B (~11% FXN), GAAP EPS $1.52-$1.62, non-GAAP EPS $3.87-$3.97.
Blake Jorgensen appointed CFO effective Aug 3; CPO Mark Britto retiring at year-end.
Board authorized $15B share repurchase; FY22 buyback expected ~$4B; cost savings $900M in FY22, at least $1.3B in FY23.

item 2.02 item 5.02 item 9.01

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Appointed

Blake Jorgensen

Executive Vice President, Chief Financial Officer

PYPL · PayPal Holdings, Inc.

Effective: 2022-08-03
Filed: August 2, 2022, 7:59 PM ET

On August 2, 2022, the Company announced that Blake Jorgensen has been appointed to serve as Executive Vice President, Chief Financial Officer, effective August 3, 2022.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Blake Jorgensen was appointed as Executive Vice President, Chief Financial Officer at PayPal Holdings, Inc..

Action: appointed
Role: Executive Vice President, Chief Financial Officer

Exact text from the filing

On August 2, 2022, the Company announced that Blake Jorgensen has been appointed to serve as Executive Vice President, Chief Financial Officer, effective August 3, 2022.

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PayPal Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001633917-22-000135

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