REPAY Reports First Quarter 2020 Financial Results

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Go back to REPAY Reports First Quarter 2020 Financial Results

Repay Holdings Corporation (RPAY) Tops Q1 EPS by 17c, Revenues Beat

May 11, 2020 4:44 PM EDT

Repay Holdings Corporation (NASDAQ: RPAY) reported Q1 EPS of $0.17, $0.17 better than the analyst estimate of $0.00. Revenue for the quarter came in at $39.46 million versus the consensus estimate of $36.62 million.

Three Months Ended March 31, 2020 Highlights

Card payment volume was $3.8 billion, an increase of 58% over the first quarter of 2019Total revenue was $39.5 million, a 71% increase over the first quarter of 2019Gross profit was $28.7 million, an increase of 60% over the first quarter of 2019Pro forma net income1 was $1.9 million, as compared to net income of $4.9 million in the first quarter... More