PayPal Holdings Inc. (NASDAQ: PYPL) on Tuesday reported a modest improve in income for the primary quarter of 2025 when the cost service large’s adjusted earnings rose by double digits.
First-quarter revenues got here in at $7.85 billion, in comparison with $7.7 billion within the corresponding interval of 2024. On a reported foundation, internet revenue was $1.29 billion or $1.29 per share in Q1, up 45% and 56% respectively from the year-ago quarter.
Adjusted earnings had been $1.33 per share within the March quarter, in comparison with $1.08 per share within the year-ago quarter. For the second quarter, the corporate expects adjusted earnings to be within the vary of $1.29 per share to $1.31 per share.