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PayPal reports Q1 net revenue up 1% YoY to $7.8B, transaction margin dollars up 7% to $3.7B, above est., TPV up 3% to $417.2B, and active accounts up 2% to 436M (Paige Smith/Bloomberg)
Paige Smith / Bloomberg: PayPal reports Q1 net revenue up 1% YoY to $7.8B, transaction margin dollars up 7% to $3.7B, above est., TPV up 3% to $417.2B, and active accounts up 2% to 436M — PayPal Holdings Inc. beat analysts' estimates on a key profitability gauge, another sign of progress for Chief Executive Officer Alex Chriss's turnaround plan.
Paige Smith / Bloomberg:
PayPal reports Q1 net revenue up 1% YoY to $7.8B, transaction margin dollars up 7% to $3.7B, above est., TPV up 3% to $417.2B, and active accounts up 2% to 436M — PayPal Holdings Inc. beat analysts' estimates on a key profitability gauge, another sign of progress for Chief Executive Officer Alex Chriss's turnaround plan.
