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CLAIM #50856 · PayPal Holdings Inc (PYPL) · 2024Q2 earnings call · Jul 30, 2024 · due Jul 30, 2025

It may be a little bit uneven and not linear, but that trend of a little bit more normalization into the business, but improving margin profiles is something we fully expect to continue.

Jamie Miller · CFO

PENDING
graded after results covering Jul 30, 2025 are reported

In context

e willing to accept a lower share of revenue in exchange for a higher margin contract. There is other situations where, as we work with our customers, we are able to sell in value-added services in ways that we just haven't done before. So it is lots of different levers in that process. But what we are excited about is we are really starting to see good traction on that. It is intentional. We've set out to do this. And it is a really good thing for the business. And I think as you look at the second half, what we saw play out in the second quarter, I expect to continue. We saw some of the volume growth normalize a bit, but we saw more positive transaction margin dollar growth. And it is really good to see that tangible progress play out. And I think it will continue to play out over time. It may be a little bit uneven and not linear, but that trend of a little bit more normalization into the business, but improving margin profiles is something we fully expect to continue. Steve Winoker: Alex, I think you have time for any final comments you might have? Jamie Miller: Yes. Thank you all today, and thanks Steve. Just to close the call, company is energized. We are proud of what we've accomplished, just to again, sort of step -- set the context of where we are. We are really six months in. We've got a new leadership team. We are getting stronger every day. We've returned the company to transaction margin growth. We've returned the company to a consumer user growth. We significantly improved profitability at Braintree, and we are accelerating Venmo. And so I just feel really proud that we are stronger today than we were six months ago, and we will be stronger six months from now than we are today. And we are executing against our game plan. This will be measure

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