PayPal reports Q1 revenue up 9% YoY to $7.7B, payment volume up 14% YoY to $404B, transaction margin dollars up 4% YoY to $3.5B, and expects 2024 profit to drop (Paige Smith/Bloomberg)

Paige Smith / Bloomberg:
PayPal reports Q1 revenue up 9% YoY to $7.7B, payment volume up 14% YoY to $404B, transaction margin dollars up 4% YoY to $3.5B, and expects 2024 profit to drop  —  PayPal reported a 14% increase in total payment volume to $403.9 billion in the first quarter, it said in a statement Tuesday …

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