FOUR - Shift4 Payments Misses Q4 Expectations Outlines Bold Growth Targets For 2024 | Benzinga
Shift4 Payments, Inc (NYSE:FOUR) reported fourth-quarter fiscal 2023 gross revenue growth of 31% year-on-year to $705.4 million, missing the consensus of $$757.8 million.
Adjusted EPS of 76 cents missed the consensus of 82 cents. The stock price dipped after the results.
Payments-based revenue of the Allentown, Pennsylvania-based payment processing company improved from $502.7 million a year ago to $648 million.
Subscription revenue was $57.4 million, up from $35 million a year ago.
Gross revenue minus network fees improved to $269.3 million vs. ...