Sezzle Q2 2024 Earnings Report

Sezzle EPS Results

• Actual EPS: $2.17
• Consensus EPS: $0.84
• Beat/Miss: Beat by +$1.33
• One Year Ago EPS: N/A

Sezzle Revenue Results

• Actual Revenue: $55.97 million
• Expected Revenue: $43.35 million
• Beat/Miss: Beat by +$12.62 million
• YoY Revenue Growth: N/A

Sezzle Announcement Details

• Quarter: Q2 2024
• Date: 8/7/2024
• Time: N/A

Sezzle (NASDAQ:SEZL) operates as a technology-enabled payments company primarily in the United States and Canada. The company provides payment solution in-store and at online retail stores; and through proprietary payments solution that connects consumers with merchants. It also offers Sezzle Platform that provides a payments solution for consumers that extends credit at the point-of-sale allowing consumers to purchase and receive the ordered merchandise at the time of sale while paying in installments over time; Pay-in-Four, which allows consumers to pay a fourth of the purchase price up front and then another fourth of the purchase price every two weeks thereafter over a total of six weeks; Pay-in-Full that allows consumers to pay for the full value of their order up-front through the Sezzle Platform without the extension of credit; and Pay-in-Two and other alternative installment options, which allow consumer to pay half of the value of their order up-front and the second half in two weeks. In addition, the company provides Sezzle Virtual Card that allows consumers to access the Sezzle Platform in the form of close-end installment loans and shop with merchants that are not integrated with Sezzle; Sezzle Anywhere, a paid subscription service that allows consumers to use their Sezzle Virtual Card at any merchant online or in-store; Sezzle Premium, a paid subscription service that allows its consumers to access large, non-integrated premium merchants; and Sezzle Up, an opt-in feature of the Sezzle Platform. Further, it offers Long-Term Lending through collaboration with third-party lenders and Product Innovation. Sezzle Inc. was incorporated in 2016 and is headquartered in Minneapolis, Minnesota.