PayPal (PYPL) Tops Q1 EPS by 10c, Updates FY Guidance

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PayPal Reports First Quarter 2019 Results

April 24, 2019 4:15 PM EDT

GAAP EPS of $0.56, increasing 34%; non-GAAP EPS of $0.78, increasing 37%
$0.08 EPS benefit related to PayPals strategic investment in MercadoLibre

9.3 million net new active accounts added, bringing total active accounts to 277 million, up 17%
Venmo active accounts exceed 40 million at the end of Q1 2019

SAN JOSE, Calif.--(BUSINESS WIRE)-- Global technology platform and digital payments leader PayPal Holdings, Inc. (NASDAQ: PYPL) today announced first quarter results for the period ended March 31, 2019.

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