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PayPal: New Strategy, Same Goals, Can It Work? PYPL Stock
PayPay (PYPL), the Fintech pioneer, stumbled badly and missed EPS expectations while issuing downside EPS and revenue guidance for 1Q22 and FY22. PayPal revealed during its earnings call that they are shifting its strategy away from new accounts and focusing on driving revenue per account higher. PayPal also revealed its goals for revenue, EPS, and cash flow stayed the same.
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