They reported a 27% increase in first-quarter earnings compared to last year, which is huge. And their revenue and total payment volume surpassed expectations, which is always a good sign. The new accounting method they're using includes stock-based compensation expenses and related taxes, and they've adjusted their financial results for the past few years to reflect this change. their adjusted earnings per share still beat analyst estimates by 15%, coming in at $1.08 per share instead of the expected $1.22
They reported a 27% increase in first-quarter earnings compared to last year, which is huge. And their revenue and total payment volume surpassed expectations, which is always a good sign. The new accounting method they're using includes stock-based compensation expenses and related taxes, and they've adjusted their financial results for the past few years to reflect this change. their adjusted earnings per share still beat analyst estimates by 15%, coming in at $1.08 per share instead of the expected $1.22