PayPal Holdings, Inc. (NASDAQ:PYPL) Q4 2023 Earnings Conference Call February 7, 2024 5:00 PM ET

Company Participants

Ryan Wallace - Senior Director, IR

James Chriss - President, CEO & Director

Jamie Miller - EVP & CFO

Conference Call Participants

Tien-Tsin Huang - JPMorgan Chase & Co.

Jason Kupferberg - Bank of America Merrill Lynch

Darrin Peller - Wolfe Research

James Faucette - Morgan Stanley

Sanjay Sakhrani - KBW

Ramsey El-Assal - Barclays Bank

Michael Ng - Goldman Sachs Group

David Togut - Evercore ISI

Operator

Good afternoon. My name is Sarah, 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 Fourth Quarter 2023. [Operator Instructions].

I would now like to introduce your host for today's call, Ryan Wallace, Head of Investor Relations. Please go ahead.

Ryan Wallace

Good afternoon, and thank you for joining PayPal's Fourth Quarter 2023 Earnings Conference Call. Joining me today is Alex Chriss, our President and CEO; and Jamie Miller, CFO.

We're providing a slide presentation to accompany our commentary. This conference call is also being webcast. 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.

Our remarks today will include forward-looking statements that are based on our current expectations, forecasts and assumptions and involve risks and uncertainties. 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.

All information in this presentation is as of today's date, we expressly disclaim any obligation to update this information. And with that, let me turn the call over to Alex.

James Chriss

Thank you, Ryan, and thank you to everyone for joining us this afternoon. It's been a productive first 4 months. I'm pleased with what we've been able to accomplish in such a short period of time while delivering the solid financial results we will discuss today. More importantly, I'm excited about the foundation we're setting and the velocity at which we're executing as we enter 2024. Today, I'd like to walk you through the changes we've made to the structure of our company, including several key additions to our leadership team, give a clear road map for how we will be executing going forward and share our strategic priorities for 2024. Jamie will take you through the fourth quarter and full year results in greater detail, but the headline is that we delivered a solid quarter during the most important shopping season for our customers.