PayPal Holdings, Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2018. For the quarter, net revenues were $4,226 million against $3,744 million a year ago. Operating income was $598 million against $843 million a year ago. Net income was $584 million against $620 million a year ago. Net income per basic share was $0.50 against $0.52 per basic share a year ago. Net income per diluted share was $0.49 against $0.50 per basic share a year ago.

For the year, net revenues were $15,451 million against $13,094 million a year ago. Operating income was $2,194 million against $2,127 million a year ago. Net income was $2,057 million against $1,795 million a year ago. Net income per basic share was $1.74 against $1.49 per basic share a year ago. Net income per diluted share was $1.71 against $1.47 per basic share a year ago.

The company provided earnings guidance for the first quarter ending March 31, 2019. For the period, the company expects revenue to grow 11% - 12% at current spot rates and 11% - 13% on an FX-neutral basis, to a range of $4.08 billion - $4.13 billion. GAAP earnings per diluted share in the range of $0.42 - $0.45.

The company provided earnings guidance for the full year ending December 31, 2019. For the period, the company expects revenue to grow 16% - 17% at current spot rates and 16% - 17% on an FX-neutral basis, to a range of $17.850 billion - $18.100 billion. GAAP earnings per diluted share in the range of $1.83 - $1.93.