Paysafe (NYSE:PSFE) reported its Q1 earnings results on Tuesday, May 16, 2023 at 06:55 AM.
Here’s what investors need to know about the announcement.
Earnings
Paysafe beat estimated earnings by 5500.0%, reporting an EPS of $0.54 versus an estimate of $-0.01.
Revenue was up $20.18 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.44 which was followed by a 8.99% drop in the share price the next day.
Here’s a look at Paysafe’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.10 | 0 | 0.24 | 0.12 |
| EPS Actual | 0.54 | 0 | 0.60 | 0.96 |
| Revenue Estimate | 376.11M | 352.97M | 375.52M | 371.66M |
| Revenue Actual | 383.57M | 365.99M | 378.91M | 367.67M |
To track all earnings releases for Paysafe visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
