Paypal's Q2 net income increased by 8% year-on-year, and the pre-market stock price once expanded to a rise of 6%

BlockBeats reports that on July 30, according to market news, Paypal's pre-market stock price in the US once expanded by 6%. According to the company's Q2 financial results for fiscal year 2024, PayPal's net income increased by 8% year-on-year in Q2 of FY2024, reaching $7.9 billion; transaction profit margin also grew by 8%, reaching $3.6 billion.

As of June 30, 2024, PayPal's total cash, cash equivalents and investments reached $18.3 billion with a total debt of $12.2 billion.