PAID Q1 2023 Earnings Report

PAID EPS Results

• Actual EPS: -$0.04
• Consensus EPS: N/A
• Beat/Miss: N/A
• One Year Ago EPS: N/A

PAID Revenue Results

• Actual Revenue: $3.81 million
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

PAID Announcement Details

• Quarter: Q1 2023
• Date: 5/15/2023
• Time: N/A

PAID (NASDAQ:PAYD) develops a line of software as a service (SaaS) based business services to provide businesses with a streamlined experience for website creation, online sales, payment collection, and shipping all in one platform in the United States and Canada. The company operates through four segments: Client Services, Merchant Processing Services, Shipping Coordination and Label Generation Services, and Corporate Operations. Its SaaS-based business services include PaidPayments, which provides commerce solutions to small - and medium-sized businesses by enabling them to sell their goods and services, accept payment, and create repeat sales though an online payment processing solution; PaidCart that serves as a solution for small and medium businesses looking to expand their online sales through multiple channels, which offers a centralized system to manage sales across various platforms for currency and language management, promotional sales, and abandoned cart recovery; and PaidShipping that delivers a solution to quote, process, generate labels, dispatch, and track courier and less than truckload shipments all from a single interface, as well as PaidWeb. It also provides ShipTime, a platform that provides its members to quote, process, track, and dispatch shipments; and BeerRun Software, a brewery management and alcohol and tobacco tax and trade bureau tax reporting software. The company is based in Marlborough, Massachusetts.