Paysafe Ltd (PSFE) said before open Thursday that it earned $0.66 per share in quarter four 2023. The company reported earnings on an adjusted basis, so it may not be directly comparable to analyst estimates or prior periods.
On the revenue line, the company reported $414.5 million, beating estimates by $971 thousand.
In the same quarter a year ago, the company earned $0.54 per share on revenue of $383.6 million.
The stock is down 10.54% to $12.73 after the report.
Paysafe Ltd's earnings expanded faster than revenues, signaling widening profit margins.
Wall Street Analysts had an average rating of Hold on the stock prior to the report.
InvestorsObserver gives the stock a Bearish Sentiment score at the moment based on recent trading.
Prior to the report, InvestorsObserver gave the stock an overall score of 42. Meanwhile, the average Wall Street analyst rated the stock a Hold.
Paysafe Ltd is an integrated payments platform.
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Paysafe Ltd Down 10.54% To $12.73 After Earnings Beat
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