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PayPal's Q1 net revenue up by 1% to $7.8 billion
Business4h ago(Source: baha news)
UNSPLASH / MARQUES THOMAS
Business
PayPal Holdings, Inc. shared on Tuesday that its net revenue
reached $7.8 billion in the first quarter of fiscal 2025, marking a 1% increase from the same quarter a year earlier.
Operating income jumped 31% to $1.5 billion, while GAAP earnings per diluted share (EPS) surged 56% compared to the same period of 2024, reaching $1.29. On the other hand, GAAP net income also climbed 45% to $1.2 billion. The US online payment company reported an increase in total payment volume of 3%, standing at $417.2 billion.
"PayPal had a great start to the year and our strategy is working. This is our fifth consecutive quarter of profitable growth with progress across branded checkout, PSP, omnichannel, and Venmo. We are transforming into the leading commerce platform connecting consumers and merchants globally. Our foundation is solid and we have multiple ways to win," President and CEO Alex Chriss said.
The company's shares were down 3.37% in the premarket trading following the release of the report.
Amazon sotto accusa: mostrare il costo dei dazi è “un atto ostile”, dice Leavitt
Leavitt sottolinea che questa scelta rischia di mettere il consumatore direttamente contro le decisioni politiche, minando la narrativa strategica di Washington sulle tariffe come strumento negoziale.
Il contesto: con i dazi saliti al 145% su molte importazioni dalla Cina, aziende come Amazon stanno cercando modi per comunicare l’impatto diretto al consumatore, evidenziando aumenti di prezzo non legati a politiche aziendali ma a decisioni governative.
