Ryvyl Q2 2023 Earnings Report

Ryvyl EPS Results

• Actual EPS: -$2.30
• Consensus EPS: -$0.70
• Beat/Miss: Missed by -$1.60
• One Year Ago EPS: N/A

Ryvyl Revenue Results

• Actual Revenue: $14.85 million
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

Ryvyl Announcement Details

• Quarter: Q2 2023
• Date: 8/14/2023
• Time: N/A

Ryvyl (NASDAQ:RVYL), a technology company, engages in the development, marketing, and sale of blockchain-based payment solutions in North America, Europe, and Asia. The company's blockchain-based systems facilitate, record, and store a volume of tokenized assets representing cash or data on a blockchain-based ledger. Its products include QuickCard Payment System, a physical and virtual payment card processing management system, including software that facilitates on and off ramp e-wallet management; Coyni, a digital token platform, which offers custodial assurance by utilizing its stable coin and blockchain technology in a closed-loop ecosystem; and ChargeSavvy, an end-to-end POS solution comprising software and hardware for the restaurant and hospitality industry. It serves customers in various industries, including foreign exchange, retail, and e-commerce sectors. The company was formerly known as GreenBox POS and changed its name to Ryvyl Inc. in October 2022. Ryvyl Inc. is based in San Diego, California.