Consumer SpendingSofter consumer spend, as management called out that same-store sales turned negative across key verticals in 3Q.
EarningsThe company has lowered payment volume expectations for two consecutive quarters.
Financial Performance3Q24 volume and net revenue results were short of Street estimates, with E2E volume at $43.5bn compared to Street at $46.0bn, and net revenue of $365.1mm compared to Street at $369.3mm.