By Denny JacobPayPal Holdings Inc. said Tuesday it swung a loss but beat analysts' expectations for revenue in the second quarter. Adjusted earnings were 93 cents a share, above analysts' expectations of 87 cents a share. Write to Denny Jacob at denny.jacob@wsj.comBy Denny JacobPayPal Holdings Inc. said Tuesday it is appointing Blake Jorgensen chief financial officer, effective Wednesday. The San Jose, Calif.-based payments company has been looking for a permanent CFO after John Rainey stepped down from the role at the end of May. The Wall Street Journal reported last Tuesday that the activist investor has a stake in PayPal.

Source: Wall Street Journal August 02, 2022 22:00 UTC