NYSE:PSFE - New York Stock Exchange, Inc. - BMG6964L2062 - Common Stock - Currency: USD
Paysafe Limited (NYSE: PSFE) stock price falls after Q4 report. Beat revenue & EPS expectations, but adjusted EBITDA & net leverage decreased. FY25 outlook lower than estimate.
Paysafe said its Q4 results were significantly impacted by accelerated merchant exits and associated credit losses during the quarter.
Paysafe expects net income for the fourth quarter (Q4) to be between $31 million and $37 million, compared to a net loss of $12 million in Q4 2023.
Paysafe Ltd., the online payments firm that went public through a merger with a blank-check company led by Bill Foley, is exploring a sale after receiving takeover interest, people familiar with the matter said.
Mentions: BX
/PRNewswire/ -- When it comes to spending habits and payment options, the times are a-changing! According to global payments platform Paysafe's (NYSE: PSFE)...