Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
PayPal's stock hits new yearly highs after hours following strong Q1 earnings report. The company reports a double beat, with CEO @acce highlighting a focus on driving profitable growth. PayPal grew TPV by 14%, expanded operating margin by 85bps, bought back shares, and utilized $1.5bln of its $1.8bln in fcf in the quarter. The company shows aggressive capital return to shareholders.
$PYPL Another great quarter! Grew TPV by 14% and operating margin expanded 85bps! Bought back 25mm shares which is close to 2.5%. Used $1.5bln of its $1.8bln in fcf in the quarter. That’s pretty aggressive and shows the company’s ability to return capital to shareholders https://t.co/XOnWtb4IWF
Also strong 💪 quarter reported today 👇 $PYPL https://t.co/oU5g7HCFlu
$PYPL: "Focused on driving profitable growth" https://t.co/xGI4T55WAq
