Paypal online payment company unveiled its earnings for the first quarter of 2021 on Wednesday, marking an astonishing surge of GAAP earnings per share of 1200% to $0.92, compared to the same period of last year. The net revenue was up 29% to a total of $6.03 billion, year on year. The company described the fiscal period as the strongest first-quarter results in Paypal’s history with an operating income of $1.04 billion, which is 162% higher than in the comparable period of last year. “Our strong first-quarter results demonstrate sustained momentum in our business as the world shifts into the digital economy. Our addressable market continues to grow as we launch new products and services for our 392 million active accounts,” said Dan Schulman, Paypal’s CEO. The company’s shares grew by 3.68% in the after-hours trading following the earnings report. Nick Note: The peoples INTERNET SHOPPING bank. And people are spending money like their is not tomorrow. Its a orgy our their and corporate America WILL BE cashing in big time. You ain’t seeN nothing yet….. BUY YOU WILL!