PayPal Holdings
Q3 2022 Earnings Call
Nov 03, 2022, 5:30 p.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Good evening. My name is Briana, and I will be your conference operator today. At this time, I would like to welcome everyone to PayPal Holdings' earnings conference call for the third quarter 2022. All lines have been put on listen-only mode to prevent any background noise.
After the speakers' remarks, there will be a question-and-answer session. [Operator instructions]. I would now like to turn the call over and introduce your host, Ms. Gabrielle Rabinovitch, senior vice president and acting CFO.
Please go ahead.
Gabs Rabinovitch -- Senior Vice President and Acting Chief Financial Officer
Thank you, Briana. Good afternoon and thank you for joining us. Welcome to PayPal's earnings conference call for the third quarter of 2022. Joining me today on the call is Dan Schulman, our president and CEO.
We're providing a slide presentation to accompany our commentary. This conference call is also being webcast and both the presentation and call are available on our investor relations website. In discussing our company's performance, we will refer to some non-GAAP measures. You can find the reconciliation of these non-GAAP measures to the most directly comparable GAAP measures in the presentation accompanying this conference call.
We will make forward-looking statements that are based on our current expectations, forecasts, and assumptions and involve risks and uncertainties. These statements include our guidance for the fourth quarter and full year 2022, our preliminary framework for 2023, and our comments related to anticipated cost savings, operating margin, and share repurchase activity. Our actual results may differ materially from these statements. You can find more information about risks, uncertainties and other factors that could affect our results in our most recent annual report on Form 10-K and quarterly report on Form 10-Q filed with the SEC and available on our investor relations website.
You should not place undue reliance on any forward-looking statements. All information in this presentation is as of today's date, November 3, 2022. We expressly disclaim any obligation to update this information. With that, let me turn the call over to Dan.
Dan Schulman -- President and Chief Executive Officer
Thanks, Gabrielle, and thanks, everyone, for joining us. I'm pleased to share that our results in the third quarter exceeded the guidance that we announced in August, marking the third consecutive quarter of delivering on our non-GAAP guidance. Before reviewing our results and operational progress, I want to share two exciting developments that we believe will enhance our long-term strategic position. First, I am very pleased to announce that we are working with Apple to enhance our offerings for PayPal and Venmo merchants and consumers.