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PayPal beats with Q1 revenue of $6.03B, up 31% YoY, with record $285B in total payments volume, up 50% YoY, and added 14.5M new active accounts

Emily Bary / MarketWatch :

MarketWatch Emily Bary

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  • @ericjhonsa Eric Jhonsa on x
    $PYPL chugging along. Reports 50% TPV growth and 31% revenue growth vs. consensus estimates of 39% and 28%. Raises full-year TPV growth and net new actives guidance to ~30% and 52M-55M from high-20s and 50M. Shares +5.2% AH. https://s1.q4cdn.com/... https://twitter.com/...
  • @tommyr345 Tom Richardson on x
    PayPal Q1 numbers, will launch Pay in 4 direct to 9m Australian account holders in June, also launched a Venmo branded credit card in US with less bad debt risk perhaps $PYPL https://s1.q4cdn.com/...