PayPal Q1 earnings: net revenues rise 9% as focus on cost saving, reinvesting grows

PayPal Holdings, Inc., the American multinational fintech company just released its earnings report today for the first quarter of FY24. The company’s Q1 net revenues increased 9% to $7.7 billion. Transaction margin dollars increased by 4% to $3.5 billion. According to an announcement made by the company on February 7, 2024, PayPal’s non-GAAP results are […]