Paysafe (NYSE: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:

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.