Consumer PaymentsThe slowdown in Consumer Payments was attributed to the loss of an RCS client and slower consumer spending, with both headwinds expected to persist near-term.
EarningsOrganic gross profit growth decelerated to +1% YoY, falling short of management's expectations for a re-acceleration.
Market TrendsRepay's vertical exposures are seen as slightly challenged given their cyclical nature and widespread impact on both segments in a weaker macro environment.