Paysafe: Q3 Earnings Insights

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Paysafe PSFE reported its Q3 earnings results on Tuesday, November 14, 2023 at 06:55 AM.

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

Earnings

Paysafe beat estimated earnings by 714.29%, reporting an EPS of $0.57 versus an estimate of $0.07.

Revenue was up $30.42 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.43 which was followed by a 7.04% drop in the share price the next day.

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

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate 0.13 -0.01 0.10 0
EPS Actual 0.56 0.54 0.54 0
Revenue Estimate 394.16M 377.43M 376.11M 352.97M
Revenue Actual 402.34M 387.85M 383.57M 365.99M

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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Posted In: EarningsBZI-Recaps
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