《贝宝PayPal（PYPL） 2024年第一季度财报「NASDAQ」（英文版）（14页）.pdf》由会员分享，可在线阅读，更多相关《贝宝PayPal（PYPL） 2024年第一季度财报「NASDAQ」（英文版）（14页）.pdf（14页珍藏版）》请在三个皮匠报告上搜索。

1、PayPal Reports First Quarter 2024 ResultsSan Jose,California April 30,2024 NASDAQ:PYPLQ124 revenue increased 9%to$7.7 billion;10%on a currency-neutral basis(FXN)Q124 GAAP EPS increased 18%to$0.83;non-GAAP EPS increased 27%to$1.08(based on new non-GAAP methodology as described below)“We delivered a s

2、olid set of results in Q1 and Im encouraged by the progress the team is making against PayPals go-forward strategy and in strengthening our foundation.2024 remains a transition year and we are focused on execution driving our key strategic initiatives,realizing cost savings,and reinvesting appropria

3、tely to position the company for consistent,high-quality profitable growth in the future.”Alex ChrissPresident and CEOQ124 Financial ResultsAs announced on February 7,2024,the Companys non-GAAP results are based on a new methodology that includes the impact of stock-based compensation(SBC)expense an

4、d related employer payroll taxes.Non-GAAP results for 2023,2022 and 2021 have been recast to reflect this change.See Exhibit 99.2 of the Form 8-K filed on April 30,2024 for historical reconciliations.Net revenues increased 9%to$7.7 billion;10%FXN.Transaction margin dollars increased 4%to$3.5 billion

5、.GAAP operating income increased 17%to$1.2 billion;non-GAAP operating income increased 15%to$1.4 billion.GAAP operating margin expanded 98 basis points to 15.2%;non-GAAP operating margin expanded 84 basis points to 18.2%.GAAP EPS increased 18%to$0.831;non-GAAP EPS increased 27%to$1.08(from$0.85 in Q

6、123 based on the new non-GAAP methodology).Under the companys prior non-GAAP methodology,which excluded the impact of SBC expense and related employer payroll taxes,non-GAAP EPS would have increased 20%to$1.40(from$1.17 in Q123 based on the prior non-GAAP methodology)compared to guidance2 of a mid-s