PayPal mobile app. IMAGE SOURCE: PAYPAL HOLDINGS, INC.
These days PayPal‘s (NASDAQ: PYPL) business wants to get out and run, but the stock wants to go home to sleep. Revenue and earnings grew 17% year over year, and management’s preferred metric — free cash flow — increased 39% to $2.5 billion in 2016.
On top of great reported numbers, management raised their outlook for revenue growth in 2017 and said they expect operating margin to remain flat or improve.