Paysafe Reports Second Quarter 2023 Results; Raises Full Year Outlook
https://www.businesswire.com/news/home/20230815251305/en/Paysafe-Reports-Second-Quarter-2023-Results-Raises-Full-Year-Outlook
$PSFE Impressive volume and momentum today with a 23% surge post the latest earning release this morning.
In addition to beating sales and earnings expectations for Q2, Paysafe raised its full-year guidance. The company had previously guided for revenue to come in between $1.58 billion and $1.6 billion this year, suggesting growth between 5.6% and 7%. On the heels of its stronger-than-expected second-quarter results and some encouraging demand momentum, the company now expects annual sales growth between 6.5% and 7.5%.