PaySign Q4 EPS $0.10 Beats $0.02 Estimate, Sales $13.69M Beat $12.62M Estimate
Portfolio Pulse from dijoy@benzinga.com
PaySign (NASDAQ:PAYS) reported Q4 earnings of $0.10 per share, surpassing the $0.02 estimate, marking a 900% increase from last year. Sales reached $13.69M, beating the $12.62M estimate, a 28.92% increase from the previous year.
March 26, 2024 | 9:22 pm
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PaySign reported a significant beat on both earnings and sales estimates for Q4, with earnings per share at $0.10, far exceeding the $0.02 estimate, and sales at $13.69M, surpassing the $12.62M estimate.
The substantial beat on both earnings per share and sales estimates for PaySign indicates strong financial performance and operational efficiency. This outperformance, especially being significantly higher than analyst expectations, is likely to instill investor confidence and could lead to a positive short-term impact on the stock price. The 900% increase in earnings per share from the same period last year and a 28.92% increase in sales further underscore the company's growth trajectory, making it an attractive asset for investors.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100