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Paysafe Q1 Adjusted Earnings, Revenue Increase; Shares Jump After-Hours
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Paysafe Q1 Adjusted Earnings, Revenue Increase; Shares Jump After-Hours
May 13, 2024 2:04 PM

04:40 PM EDT, 05/13/2024 (MT Newswires) -- Paysafe ( PSFE ) reported Q1 adjusted earnings late Monday of $0.57 per diluted share, up from $0.54 a year earlier.

Analysts polled by Capital IQ expected $0.55.

Revenue for the quarter that ended March 31 was $417.74 million, up from $387.85 million a year earlier.

Analysts surveyed by Capital IQ expected $408.22 million.

The company expects full-year 2024 revenue of $1.69 billion to $1.71 billion. Analysts polled by Capital IQ expect $1.7 billion.

Shares of the company traded over 7% higher in after-hours activity.

Price: 16.80, Change: +1.13, Percent Change: +7.21

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