PSFE - Paysafe reports mixed Q4 earnings; initiates Q1 and FY23 outlook
2023-03-09 06:59:53 ET
- Paysafe press release ( NYSE: PSFE ): Q4 GAAP EPS of -$0.56 misses by $0.55 .
- Revenue of $383.6M (+3.2% Y/Y) beats by $8.33M .
- Total Payment Volume of $33.1B, increased 5%.
- Adjusted net income of $33.1 million, compared to $52.2 million.
- Adjusted EBITDA of $107.6 million, increased 2%; increased 6% on a constant currency basis.
- For the first quarter and full year 2023, Paysafe expects revenue and Adjusted EBITDA to be in the ranges provided below.
- Q1 2023: Revenue of $375M - $380M vs $372.92M consensus; Adjusted EBITDA of $105M - $108M.
- Full Year 2023 : Revenue of $1,580M - $1,600M vs $1.56B consensus; Adjusted EBITDA of $$452M - $462M.
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Paysafe reports mixed Q4 earnings; initiates Q1 and FY23 outlook