$PYPL RESULTS: Q2 🔸Total payment volume $416.81B, +11% y/y, EST $417.27B 🔸Net revenue $7.89B, +8.2% y/y, EST $7.82B 🔸Transaction revenue $7.15B, +9.1% y/y, EST $7.08B 🔸Other value added services revenue $732M, +0.1% y/y, EST $726.3M 🔸US net revenue $4.55B, +8.1% y/y, EST $4.46B 🔸International net revenue $3.34B, +8.4% y/y, EST $3.36B 🔸Transaction margin dollars $3.61B, +7.8% y/y 🔸Total operating expenses $6.56B, +6.6% y/y, EST $6.71B 🔸ADJ operating income $1.46B, EST $1.31B 🔸ADJ EPS $1.19, EST $1.00 🔸Free cash flow $1.37B 🔸ADJ free cash flow $1.14B, EST $1.06B 🔸Active customer accounts 429M, -0.5% y/y, EST 427.47M 🔸Payment transactions 6.58B, +8.3% y/y, EST 6.76B F/Y GUIDANCE 🔸Sees share buyback $6B, saw at least $5B 🔸Sees free cash flow about $6B, saw about $5B