MAAT INDEX

CLAIM #50854 · PayPal Holdings Inc (PYPL) · 2024Q2 earnings call · Jul 30, 2024 · due Dec 31, 2024

I would say generally we are seeing a stronger branded baseline and we're having increasing confidence in the slope of our Braintree profitability efforts.

Jamie Miller · CFO

CANNOT_DETERMINE
versus commitment · official band 5 percent
Committed
generally we are seeing a stronger branded baseline and we're having increasing confidence in the slope of our Braintree profitability efforts
Reported
Braintree has meaningfully contributed to our transaction margin dollar growth over the last three quarters

In context

ue to have different benefits, different quarters just in terms of how that rolls-through, none of which was particularly material, but we had a little bit of that too. Operator: Your next question comes from the line of Jason Kupferberg with Bank of America. Your line is open. Jason Kupferberg: Good morning guys, thanks. I just wanted to ask a follow-up question on the full year guide for the transaction profit dollar growth. Obviously you're ticking that up here. It does imply the deceleration in the second half that you mentioned around flow comps, et cetera. What I'm trying to get a sense of, has your full year outlook for transaction profit dollar growth from the core branded and Braintree businesses changed, just to kind of isolate the delta here in the guidance? Jamie Miller: Yeah, I would say generally we are seeing a stronger branded baseline and we're having increasing confidence in the slope of our Braintree profitability efforts. That's what I would say on those two. Operator: Your next question comes from the line of James Faucette with Morgan Stanley. Your line is open. James Faucette: Great, thank you so much. Want to circle back to Fastlane and obviously a lot of interest and excitement in terms of its launch timing, et cetera. And I think you've made it pretty clear that this will be kind of a gradual opportunity that will build on it and addressing a big market. How should we think about, like, what your key to-dos are as we go through the rest of this year and into next year? And I'm wondering if any of Fastlane with the launch timing is now built into the guidance, as well as any other new initiatives that may have been added into guidance for the rest of the year. Thanks. Alex Chriss: Yeah, let me start w

Verify independently

SEC filings for PYPL · Claim quote is verbatim from the 2024Q2 earnings call.