PAYS - Why PaySign Is A Very Good Company
- A payments platform with sound economics supports profitable expansion of prepaid card programs.
- A stellar track record of historical performance in payment operations and in revenue growth and earnings should re-emerge as the company executes to grow volumes.
- Unfavorable 3Q20 earnings report driven by slowdown under COVID and by a change in accounting policy resulted in negative revenues, major net losses, and pressure in the stock.
- Operationally business continued to strengthen in 3Q20. Revenue expansion is in the cards, subject to COVID resolution.
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Why PaySign Is A Very Good Company