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Benzinga
Benzinga
Business
Adam Eckert

Why Paysafe Shares Are Trading Higher Today

Paysafe (NYSE:PSFE) shares are trading higher Friday after the company reaffirmed guidance for the first quarter and full-year 2022 and announced it appointed Bruce Lowthers to CEO.

Paysafe reaffirmed adjusted EBITDA guidance of $95 million to $100 million for the first quarter and $440 million to $460 million for full-year 2022.

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