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Paysafe Q2 2023 Earnings Report

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$17.28 -0.01 (-0.06%)
(As of 12/20/2024 05:40 PM ET)

Paysafe EPS Results

Actual EPS
$0.56
Consensus EPS
$0.36
Beat/Miss
Beat by +$0.20
One Year Ago EPS
$0.60

Paysafe Revenue Results

Actual Revenue
$402.30 million
Expected Revenue
$394.16 million
Beat/Miss
Beat by +$8.14 million
YoY Revenue Growth
+6.20%

Paysafe Announcement Details

Quarter
Q2 2023
Time
Before Market Opens

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Paysafe Earnings Headlines

Paysafe: Solidly Profitable With High Margins
Paysafe's Q3 Was Not Worth The Sell-Off
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Paysafe Launches Strategic Partnership With GiG
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About Paysafe

Paysafe (NYSE:PSFE) provides end-to-end payment solutions in the United States, Germany, the United Kingdom, and internationally. Its payments platform offers a range of payment solutions comprising credit and debit card processing, digital wallet, eCash, and real-time banking solutions for entertainment verticals, such as iGaming, including online betting related to sports, e-sports, fantasy sports, poker, and other casino games, as well as travel, streaming/video gaming, retail/hospitality, and digital assets. The company operates through two segments, Merchant Solutions and Digital Wallets. The Merchant Solutions segment offers PCI-compliant payment acceptance and transaction processing solutions for merchants and integrated service providers, including merchant acquiring, transaction processing, gateway solutions, fraud and risk management tools, data and analytics, point of sale systems, and merchant financing solutions, as well as comprehensive support services under the Paysafe and Petroleum Card Services brands. The Digital Wallets segment offers digital wallet solutions under the Skrill, NETELLER, paysafecard, and Paysafecash brands; and pay-by-bank solutions under the Rapid Transfer brand. It also provides eCash solutions under the paysafecard and Paysafecash brands; paysafecard prepaid Mastercard that can be linked to a digital paysafecard account and used to make purchases; Safetypay, a platform that enables eCommerce transactions; and PagoEfectivo, an alternative payment platform. The company is based in London, the United Kingdom.

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