Recap: Paysafe Q1 Earnings

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Paysafe PSFE reported its Q1 earnings results on Tuesday, May 16, 2023 at 06:55 AM.

Here's what investors need to know about the announcement.

Earnings

Paysafe beat estimated earnings by 5500.0%, reporting an EPS of $0.54 versus an estimate of $-0.01.

Revenue was up $20.18 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.44 which was followed by a 8.99% drop in the share price the next day.

Here's a look at Paysafe's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.10 0 0.24 0.12
EPS Actual 0.54 0 0.60 0.96
Revenue Estimate 376.11M 352.97M 375.52M 371.66M
Revenue Actual 383.57M 365.99M 378.91M 367.67M

To track all earnings releases for Paysafe visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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