PayPal (NASDAQ: PYPL) reported third-quarter earnings that beat expectations on the top and bottom line, but that’s not the main reason we’re excited. It appears that PayPal now anticipates being able to monetize its popular Venmo platform sooner and more effectively than most investors had expected.
In this Industry Focus: Financials clip, host Jason Moser and Fool.com contributor Matt Frankel, CFP discuss the numbers and what they could mean for investors going forward.