PSFE Stock Recent News

Paysafe beat first-quarter earnings and revenue estimates.

Paysafe Limited (NYSE:PSFE ) Q1 2024 Earnings Conference Call May 13, 2024 4:30 PM ET Company Participants Kirsten Nielsen - Senior Vice President, Investor Relations Bruce Lowthers - Chief Executive Officer and Executive Director Alex Gersh - Chief Financial Officer Conference Call Participants David Togut - Evercore ISI Dan Perlin - RBC Capital Markets Aditya Buddhavarapu - Bank of America Securities Paul Obrecht - Wolfe Research Spencer James - Jefferies Timothy Chiodo - UBS Andrew Harte - BTIG Operator Hello, and welcome to the Paysafe First Quarter 2024 Earnings Conference Call. [Operator Instructions] A question-and-answer session will follow the formal presentation.

Paysafe Limited (PSFE) came out with quarterly earnings of $0.57 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.54 per share a year ago.

Paysafe Limited (PSFE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Payments company PaySafe has introduced a pay-by-bank offering for online gamblers. The new solution lets online bettors in the U.S. secure funds instantly at operators' cashiers directly from their online bank account, according to a Monday (April 29) press release.

The latest trading day saw Paysafe Limited (PSFE) settling at $16.03, representing a -1.11% change from its previous close.

Paysafe grew revenue 8.1% in Q4 (2023: +7%), with further growth of about 5.5-7% expected for 2024. Adjusted EBITDA increased 13.1% in Q4 (2023: +11.9%). Only a 4.7% increase is forecast for 2024. The capital structure is 75% debt-funded, which is both a risk and an opportunity if central banks cut rates.

Paysafe Limited (NYSE:PSFE ) Q4 2023 Earnings Conference Call March 7, 2024 8:30 AM ET Company Participants Bruce Lowthers - Chief Executive Officer Alex Gersh - Chief Financial Officer Kirsten Nielsen - Senior Vice President, Investor Relations Conference Call Participants Dan Perlin - RBC Capital Markets David Togut - Evercore ISI Scott Wurtzel - Wolfe Research Andrew Harte - BTIG Timothy Chiodo - UBS Jamie Friedman - SIG Operator Greetings. Welcome to the Paysafe fourth quarter 2023 earnings call.

Paysafe Limited (PSFE) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.54 per share a year ago.

The latest trading day saw Paysafe Limited (PSFE) settling at $14.01, representing a +1.97% change from its previous close.