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PayPal Jan-Mar 2021 Financial Results

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Have you ever heard of PayPal (ticker symbol: PYPL), a U.S. stock?

It is a company that provides payment services using e-mail accounts and the Internet.

In this article, I will introduce the company’s financial results for the period from January to March 2021, which were announced on May 5, 2021.

January to March 2021

EPS was $1.22 vs. forecast of $1.01.

Net sales of $6.03 billion vs. $5.89 billion expected.

Sales growth was 30.6% YoY.

The number of new customer accounts increased by 14.5 million.

The number of active accounts is 392 million.

Operating cash flow was $1.76 billion, up 24% from the same period last year.

Free cash flow was $1.54 billion, up 27% from the same period last year.

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