PSFE Stock Recent News
PSFE LATEST HEADLINES
The latest trading day saw Paysafe Limited (PSFE) settling at $13.89, representing a -1.98% change from its previous close.
Paysafe Limited (PSFE) closed at $15.04 in the latest trading session, marking a +1.08% move from the prior day.
Paysafe Limited (PSFE) concluded the recent trading session at $15.04, signifying a +0.33% move from its prior day's close.
Paysafe Limited (PSFE) closed at $14.22 in the latest trading session, marking a +0.85% move from the prior day.
Paysafe is reporting slow growth and net losses. It serves a niche sector in a growing industry.
With the Black Friday shopping frenzy starting to die down, it might seem like an inopportune time to hunt for payment processing stocks to buy. But the growth story for digital payments worldwide is much larger than a single weekend.
Paysafe delivered strong earnings and slightly missed on revenue in the third quarter. Paysafe also continued to deleverage and announced a new repurchase program.
Paysafe plans to launch a digital wallet for small and medium-sized businesses (SMBs). The British payments platform revealed the pending debut of its business wallet Tuesday (Nov. 14) while announcing its quarterly earnings, with CEO Bruce Lowthers noting the wallet will be used to collect merchant acquiring settlements.
Shares of Paysafe (NYSE: PSFE ) are popping higher today on potentially encouraging news. Releasing its results for the third quarter, management said that it may buy back up to $50 million of its common stock.
Paysafe Limited (NYSE:PSFE ) Q3 2023 Earnings Conference Call November 14, 2023 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 David Togut - Evercore ISI Scott Wurtzel - Wolfe Research Jamie Friedman - Susquehanna Tim Chiodo - UBS Aditya Buddhavarapu - Bank of America Operator Hello and welcome to the Paysafe Q3 2023 earnings conference call and webcast. If anyone should require Operator assistance, please press star, zero on your telephone keypad.