PYPL Earnings: Pay it Again Sam

Paypal reported income of $560M ($0.46 per share) vs$425M ($0.35) one year ago

• Income up 31.7%
• 8.2M user accounts added
• Net new active accounts up 88%
• 218M active user accounts
• 17M merchant accounts
• Transactions up 26% to 1.9B
• Conference call: (starting as I type)

Shares are up 3.8%

Not a blowout, but for one of my “boring anchors” I’ll take it.