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.