Loading...
Loading...
- Shift4 Payments Inc FOUR reported first-quarter FY21 revenue growth of 20% year-on-year to $239.3 million, beating analyst consensus of $237.34 million.
- The end-to-end payment volume rose 30% Y/Y to $8 billion, and Gross revenue less network fees increased 23.3% Y/Y to $97.5 million.
- Adjusted net loss per share of ($0.13) missed the analyst consensus of $0.
- Adjusted EBITDA was $22.2 million.
- The company held $844.9 million in cash and equivalents and used $1.7 million in operating cash flow.
- Guidance: FY21 revenue guidance was raised from the previous $1.1 billion - $1.2 billion to the 1.2 billion - $1.3 billion, above the analyst consensus of $1.17 billion. The end-to-end payment volume guidance was raised from $36 billion - $38 billion to $44 billion - $46 billion.
- The gross revenue less network fees outlook was raised from $450 million - $460 million to $480 million - $490 million.
- Adjusted EBITDA guidance was raised $155 million - $160 million to $165 million - $170 million.
- Price action: FOUR shares fell 10.9% at $84.82 on the last check Thursday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in