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PAY - Paymentus: Remain Cautiously Optimistic About The Stock
Verifone Systems Inc.
Summary
Inflation's impact on transaction margins and implementation timelines is expected to have a negative effect on PAY's contribution profit and adjusted EBITDA in FY23.
PAY stock is expected to be range-bound in the near future due to a below-consensus guide, despite beating consensus estimates in the fourth quarter.
I believe guidance for FY23 is achievable, and I remain cautiously optimistic about a long position in PAY.