FlexShopper: Q3 Earnings Insights

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FlexShopper FPAY reported its Q3 earnings results on Tuesday, November 14, 2023 at 04:30 PM.

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

Earnings

FlexShopper beat estimated earnings by 96.0%, reporting an EPS of $-0.01 versus an estimate of $-0.25.

Revenue was up $5.25 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.14 which was followed by a 16.98% drop in the share price the next day.

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

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.08 -0.04 -0.08 0.05
EPS Actual -0.22 -0.06 -0.37 -0.32
Revenue Estimate 32.43M 33.21M 28.78M 38.06M
Revenue Actual 24.53M 30.79M 21.41M 26.14M

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

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

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