EXFY Stock Recent News

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Expensify (EXFY) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Expensify (EXFY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Expensify has added unlimited virtual cards to its spend management platform. With the new Expensify Visa Commercial Card, businesses can manage all their expenses across employees and merchants, including both one-time and recurring expenses, the company said in a Monday (May 13) press release.

Expensify, Inc. (NASDAQ:EXFY ) Q1 2024 Results Conference Call May 9, 2024 5:00 PM ET Company Participants Ryan Schaffer - CFO David Barrett - CEO Anuradha Muralidharan - COO Conference Call Participants Matt O'Neill - Financial Technology Partners Aaron Kimson - JMP Securities Ryan Schaffer Hello, everyone. Welcome to the Q1 2024 Expensify Earnings.

Expensify, Inc. (EXFY) came out with quarterly earnings of $0.05 per share, missing the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.05 per share a year ago.

Expensify will add travel booking and management capabilities to its financial management platform for expenses and corporate cards.

Expensify is a broken October 2021 IPO. Financially strong and valued at $125 million as a Software-as-a-Service company, it's down 96% from its first week high as an IPO. It has a clear road map and focus on dominating the untapped, underserved very small business market. The company is rolling out New Expensify and leaning into its core functionality by creating a moat using real-time chat within expense management, document exchange, global payments, and additional functionality around expense reimbursement.

Expensify has added expense tracking features for self-employed professionals to the latest version of its app for expenses and corporate cards.

PORTLAND, Ore.--(BUSINESS WIRE)--Expensify, Inc. (Nasdaq: EXFY), a payments superapp that helps individuals and businesses around the world simplify the way they manage money across expenses, corporate cards and bills, today announced that the company's Q1 financial results will be released after market close on Thursday, May 9th, 2024. Expensify will host a call to discuss its Q1 results on Thursday, May, 9th 2024 at 2pm PT / 5pm ET. The link to the call will be available that day on the compa.

Expensify, Inc. (EXFY) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.