Repay Holdings Corporation (RPAY) Reports Q2 EPS of $0.14; Provides FY20 Revenue Mid-Point Below Consensus

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REPAY Reports Second Quarter 2020 Financial Results

August 10, 2020 4:05 PM EDT

ATLANTA--(BUSINESS WIRE)-- Repay Holdings Corporation (NASDAQ: RPAY) (REPAY or the Company), a leading provider of vertically-integrated payment solutions, today reported financial results for its second quarter of 2020.

As the world continues to evolve throughout this pandemic, the value proposition of our business has become even more evident as digital payment solutions have proven increasingly necessary. This is reflected in our second quarter results, which show growth in card payment volume and gross profit of 63% and 63%, respectively, compared to the second quarter of 2019. We also reported organic gross profit growth of 21%, compared to... More