Paysign, Inc. Reports Third Quarter 2020 Financial Results

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Go back to Paysign, Inc. Reports Third Quarter 2020 Financial Results

Paysign, Inc. (PAYS) Misses Q3 EPS by 14c

November 17, 2020 4:16 PM EST

Paysign, Inc. (NASDAQ: PAYS) reported Q3 EPS of ($0.12), $0.14 worse than the analyst estimate of $0.02.

Third quarter net loss of $6.2 million, or diluted earnings per share (EPS) of ($0.12)Third quarter total revenue of negative $153 thousand, a decrease of $9.2 million, and includes a $6.3 million charge for a change in accounting estimateThird quarter gross dollar load volume up 1.1% versus the year-ago period and up 16.3% versus previous quarter, returning to positive territoryThird quarter purchase volume down... More