Sezzle Inc. ( SEZL ) shares are moving higher on Thursday after the company announced it expects to exceed its previously provided 2024 fiscal-year guidance.
The Details: Sezzle ( SEZL ) anticipates beating its prior revenue forecast of $159.4 million by 55% and exceeding its adjusted net income forecast of $5.6 million, now projecting $58 million. Additionally, the company now anticipates adjusted earnings per share of $9.80, compared to its previous guidance of 99 cents.
“Exceptional holiday demand and the effective execution of our strategic initiatives fueled our fourth-quarter outperformance, and gives us confidence that we will exceed our prior 2024 guidance,” said Charlie Youakim, CEO of Sezzle ( SEZL ).
This announcement comes just ahead of the company’s attendance at the 27th Annual Needham Growth Conference on Jan. 16. Sezzle ( SEZL ) intends to file its 2024 fiscal-year earnings towards the end of February.
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SEZL Price Action: At the time of publication, Sezzle ( SEZL ) stock is trading 14.4% higher at $297.02, according to data from Benzinga Pro.
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