05:29 PM EST, 03/05/2024 (MT Newswires) -- Nuvei ( NVEI ) reported Q4 adjusted net income Tuesday of $0.47 per diluted share, unchanged from a year earlier.

Analysts polled by Capital IQ expected $0.44.

Revenue in the quarter ended Dec. 31 rose to $321.5 million from $220.3 million a year earlier. Analysts polled by Capital IQ expected $320.3 million.

The company expects Q1 revenue of $322 million to $330 million. Analysts polled by Capital IQ expect $319.2 million.

The company projects 2024 revenue of $1.34 billion to $1.38 billion. Analysts polled by Capital IQ expect $1.38 billion.

Nuvei ( NVEI ) maintained its cash dividend at $0.10 per subordinate voting share and multiple voting share, payable April 4 to shareholders of record March 19.

Shares of the company fell 7.4% in after-hours trading.

Price: 23.40, Change: -1.87, Percent Change: -7.40