Paysafe Registers 3% Revenue Decline In Q1 Due To Mixed Segment Performance; Reiterates FY22 Outlook
Paysafe Limited (NYSE:PSFE) reported a first-quarter FY22 revenue decline of 3% year-on-year to $367.7 million, missing the consensus of $371.7 million. Total Payment Volume of $31.2 billion increased 13% Y/Y. Segments: US Acquiring revenue rose 10.3% Y/Y to $169.1 million, eCash revenue declined 10.5% Y/Y to $101.1 million, Digital Wallets revenue fell 13.4% Y/Y…
Benzinga ·