PayPal's sales took a hit in March as COVID-19 lockdowns arrived, but they came roaring back in April. After the bell on Wednesday, the online payments giant reported Q1 revenue of $4.62 billion (up 12% annually) and non-GAAP EPS of $0.66. Total payment volume (TPV) rose 18% annually to $191 billion, falling short of a consensus of $195.2 billion. Read More...
PayPal’s sales took a hit in March as COVID-19 lockdowns arrived, but they came roaring back in April. After the bell on Wednesday, the online payments giant reported Q1 revenue of $4.62 billion (up 12% annually) and non-GAAP EPS of $0.66. Total payment volume (TPV) rose 18% annually to $191 billion, falling short of a consensus of $195.2 billion.
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