Paysign, Inc. Reports Record Second Quarter 2019 Revenues and Net Income
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Paysign, Inc. (PAYS) Tops Q2 EPS by 2c, Revenues Beat
August 6, 2019 8:44 AM EDTPaysign, Inc. (NASDAQ: PAYS) reported Q2 EPS of $0.05, $0.02 better than the analyst estimate of $0.03. Revenue for the quarter came in at $8.64 million versus the consensus estimate of $8.47 million.
Revenue for the quarter ended June 30, 2019 was $8,636,271, an increase of 58.2% percent compared to $5,460,723 for the same period last year. Revenuefor the six months ended June 30, 2019 was $15,893,561, an increase of 56.8% compared to $10,137,042 for the same period last year. The increase in revenue is attributable to continued growth within our existing programs and the addition of new card programs in both existing and new industry verticals.Second... More