Paysafe (NYSE:PSFE) reported its Q3 earnings results on Tuesday, November 14, 2023 at 06:55 AM.
Here’s what investors need to know about the announcement.
Earnings
Paysafe beat estimated earnings by 714.29%, reporting an EPS of $0.57 versus an estimate of $0.07.
Revenue was up $30.42 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.43 which was followed by a 7.04% drop in the share price the next day.
Here’s a look at Paysafe’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.13 | -0.01 | 0.10 | 0 |
| EPS Actual | 0.56 | 0.54 | 0.54 | 0 |
| Revenue Estimate | 394.16M | 377.43M | 376.11M | 352.97M |
| Revenue Actual | 402.34M | 387.85M | 383.57M | 365.99M |
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.
