Today In Data: PayPal Earnings Strength

By  |  April 27, 2017
 | 

The eCommerce arena continues to thrive against the brick-and-mortar physical locations in retail. As a result, mobile and online payment companies have done increasingly well over the past decade.

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    One company that saw a boost to its earnings in Q1 is payment giant PayPal.

    Here are the numbers:

    $2.975 billion | 2017 Q1 revenue

    17 percent | Year-over-year revenue increase

    6 million | New PayPal accounts added in 2017 Q1

    32 percent | Transactions increase per active account

    7.4 percent | Increase in after-hours trading

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