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Expensify, Inc. (EXFY) Q4 2023 Earnings Call Transcript

Expensify, Inc. (EXFY) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of a loss of $0.03 per share. This compares to earnings of $0.09 per share a year ago.

Expensify added a budgeting tool to its financial management app for businesses. The new tool allows admins to set monthly or annual budgets for teams, departments, employees or the company as a whole, Expensify said in a Wednesday (Dec. 20) press release.

Expensify, Inc. (NASDAQ:EXFY ) Q3 2023 Earnings Conference Call November 7, 2023 5:00 PM ET Company Participants Ryan Schaffer - CFO Anu Muralidharan - COO Conference Call Participants Steve Enders - Citigroup Inc. Aaron Kimson - JMP Securities Daniel Jester - BMO Capital Markets Ryan Schaffer Hello. Welcome to the Expensify Q3 2023 earnings.

Expensify says it has made its first venture into the personal payments space with its new app. The firm says its new offering, announced Monday (Oct. 23), is an expansion of the company's business expense management technology, designed for consumer payments.

Expensify, Inc. (NASDAQ:EXFY ) Q2 2023 Earnings Conference Call August 8, 2023 5:00 PM ET Company Participants Anu Muralidharan - COO David Barrett - CEO Ryan Schaffer - CFO Conference Call Participants Daniel Jester - BMO Ryan Schaffer Hello, and welcome to the Q2 2023 Expensify Earnings Call. We're excited to have everyone here today and excited to share with you all the information that we have.

The company lost paying subscribers in Q2 amid intense competition. Expensify is targeting new industry niches in a bid to return to growth.

Expensify, Inc. (EXFY) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of $0.06. This compares to earnings of $0.07 per share a year ago.

Expensify, Inc. provides expense management and related software and services to businesses and individuals. The firm's top line revenue growth has flattened recently while it continues to produce operating losses. Management is seeking to consolidate its software offerings into a single platform that fosters frequent use rather than just monthly expense-only accounting use.

Investors need to pay close attention to Expensify (EXFY) stock based on the movements in the options market lately.