PayPay Fiscal Q2 Earnings Fall, Revenue Rises; Lifts 2027 Revenue Outlook

MT Newswires Live11-04

PayPay (PAYP) reported fiscal Q2 earnings late Tuesday of 25.42 Japanese yen ($0.16) per diluted share, down from 113.85 yen a year earlier.

Four analysts polled by FactSet expected 32.47 yen.

Revenue for the quarter ended Sept. 30 was 118.12 billion yen, up from 92.48 billion yen a year earlier.

Analysts polled by FactSet expected 118.50 billion yen.

For fiscal Q3, the company expects revenue of 121 billion yen to 123 billion yen. Analysts expect 124.44 billion yen.

For fiscal 2027, the company raised its revenue guidance at 474 billion yen to 478 billion yen, compared to its previous outlook of 465 billion yen to 473 billion yen.

Analysts expect 487.94 billion yen.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment