07:29 AM EDT, 08/13/2024 (MT Newswires) -- Paysafe ( PSFE ) reported Q2 adjusted net income Tuesday of $0.59 per diluted share, up from $0.56 a year earlier.

Analysts polled by Capital IQ expected $0.54.

Revenue for the quarter ended June 30 was $439.9 million, up from $402.3 million a year earlier.

Analysts surveyed by Capital IQ expected $425.3 million.

For the full-year 2024, the company said it now expects revenue in the range of $1.71 billion to $1.73 billion, up from its prior outlook of $1.69 billion to $1.71 billion. Analysts polled by Capital IQ expect $1.71 billion.

Paysafe's ( PSFE ) shares rose more than 11% in recent Tuesday premarket activity.

Price: 21.59, Change: +2.23, Percent Change: +11.52