• PayPal Posts Strong Q1
    For the first quarter, PayPal reported a net income of $384 million, or 32 cents per share, while revenue jumped 17% to $2.975 billion, year-over-year. That beat Wall Street’s revenue expectation of $2.94 billion, ZDNet notes. Meanwhile, “The company says it grew its active account base by six million during Q1, ending with 203 million active customer accounts.”