Analysts are looking past continued margin pressures at PayPal as new CEO Alex Chriss ‘has clearly listened to the various stakeholders’
PayPal Holdings Inc.’s story over the past few quarters has been about the company’s transaction margins, which have been under pressure lately due to changes in the company’s business mix.
“PayPal’s Q3 results were a bit better than expected , but the highlight was an early taste of new CEO Alex Chriss and what he has in store: faster product development, narrower focus on profitable growth, and operating cost reductions,” Sebastian wrote. “The new CEO delivered a message of ‘execution and profitable growth’ as key priorities, with a focus on creating a platform company that revolve around consolidating and monetizing data assets around checkout, fostering growth in , and expanding margins via value-added services in Braintree,” he wrote. “In addition, the company’s bloated cost structure will need to be pared down to allow for a more focused growth algorithm to emerge.
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