Investors in PayPal Holdings Inc. (NASDAQ: PYPL) had plenty of reason to cheer when the company reported its third-quarter results on Oct. 19. PayPal’s net revenue came in at $3.24 billion, a 21% increase year over year, and its non-GAAP earnings per share rose to $0.46, good for a 31% annual increase. This quarter was better than just consistently good revenue and earnings growth.