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FlexShopper reports Q3 EPS 5c vs (1c) last year

FlexShopper reports Q3 EPS 5c vs (1c) last year

Reports Q3 revenue $38.589M vs $31.386M last year. Russ Heiser, Jr, Chief Executive Officer, stated, “2024 is shaping up to be a transformative year for FlexShopper (FPAY) as the strategies we are pursuing to profitably grow our business take hold and more retail partners and consumers recognize the value of our unique payment solutions. We are successfully adding new retail partners, and to date, have expanded our signed store count to over 7,800 retail locations – a nearly 250% increase since the beginning of the year. In addition, we continue to grow retail revenue and gross margin through our FlexShopper.com marketplace.”

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