Categories AlphaGraphs, Earnings, Finance
PYPL Earnings: Everything you need to know about PayPal’s Q1 2023 results
Payment solutions firm PayPal Holdings Inc. (NASDAQ: PYPL) announced financial results for the first quarter of 2023, reporting higher earnings and revenues.
First-quarter revenues rose 9% year-over-year to $7.04 billion amid strong growth in payment volumes. The company reported an operating cash flow of $1.2 billion and a free cash flow of $1.0 billion
Adjusted earnings were $1.17 per share in the three-month period, compared to $0.88 per share in the corresponding period of last year. On a reported basis, net profit was $795 million or $0.70 per share, compared to $509 million or $0.43 per share last year.
“We are confident in our momentum and are raising our full-year EPS guidance as a result,” said PayPal’s CEO Dan Schulman.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
_________________________________________________________________________________________________________________
Most Popular
Infographic: How UnitedHealth Group (UNH) performed in Q1 2024
UnitedHealth Group (NYSE: UNH) reported its first quarter 2024 earnings results today. Revenues increased 9% year-over-year to $99.8 billion. Net loss attributable to UnitedHealth Group common shareholders was $1.4 billion,
MS Infographic: Morgan Stanley reports higher revenue and profit for Q1 2024
Banking giant Morgan Stanley (NYSE: MS) announced financial results for the first quarter of 2024, reporting an increase in revenues and net profit. Net income applicable to shareholders was $3.41
BAC Earnings: All you need to know about Bank of America’s Q1 2024 earnings results
Bank of America (NYSE: BAC) reported its first quarter 2024 earnings results today. Total revenue decreased 2% year-over-year to $25.8 billion. Net income was $6.7 billion, or $0.76 per share,
