Paysafe (PSFE) has released an update.
Paysafe has reported a solid second quarter in 2024 with a 9% revenue increase to $439.9 million and a rise in total payment volume by 7%, signalling robust growth. The company also saw a reduction in net loss and an uptick in adjusted net income and EBITDA, prompting an optimistic revision of their full-year revenue outlook. This financial momentum is attributed to strong performances across their product lines and strategic initiatives, which include partnerships and portfolio optimization.
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