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PayPal (PYPL) Stock Drops in After-Hours Trading, Revenue Misses Forecasts

NEW YORK (TheStreet) -- PayPal (PYPL) shares are down 3.03% to $34.85 in after-hours trading following the digital payments company's third quarter fiscal 2015 earnings results. While profit topped analysts' forecasts, revenue missed.

This is the company's first quarter as a standalone company since spinning of from eBay (EBAY) in July.

For the latest quarter ended September 30, the company earned 31 cents a share on revenue of $2.26 billion.

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