
PayPal Holdings Inc (NASDAQ:PYPL) shares are trading higher Thursday after the company reported better-than-expected top-line results.
PayPal said first-quarter revenue increased 7% year-over-year to $6.5 billion, which beat the $6.4 billion estimate. The company reported quarterly adjusted earnings of 88 cents per share, which was in line with estimates, according to data from Benzinga Pro.