Zip Co Surges with Record Earnings and Upgraded US Growth Outlook

• Record cash EBTDA of $62.8 million, up 98.1% year-on-year
• Total transaction volume (TTV) grew 38.7%, led by 47.2% growth in the US
• Operating margin improved to 19.5% from 13.1% in prior year
• Active customers increased to 6.4 million with merchant network expanding to 87,500