(CNBC) Revenue increased 9% in the quarter from $7.38 billion a year earlier. The number of active accounts fell 2% to 426 million, trailing analyst expectations of 427.17 million, according to Street Account. Net income rose 52% to $1.4 billion, or $1.29 per share, from $921 million, or 81 cents per share, a year earlier.
PayPal issues disappointing guidance even as fourth-quarter earnings top estimates
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