The payment service provider PayPal has presented its balance sheet for the first quarter of 2023. The company reported earnings per share of $1.17, up from $0.880 per share in the same period last year. This exceeded analyst expectations, which had placed EPS at $1.10 in advance.
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Revenue improved to $7.04 billion from $6.49 billion (analyst estimate: $6.98 billion).
In after-hours NASDAQ trading, PayPal shares are down 2.17 percent to $73.88.
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