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

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Paysign, Inc. Reports Third Quarter 2020 Financial Results

November 17, 2020 4:14 PM EST

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 estimate Third quarter gross dollar load volume up 1.1% versus the year-ago period and up 16.3% versus previous quarter, returning to positive territory Third quarter purchase volume down 12% versus the year-ago period and up 10% versus previous quarter, returning to positive territory

HENDERSON, Nev.--(BUSINESS WIRE)-- Paysign, Inc. (NASDAQ:... More