Paysafe Limited (PSFE) Reports Q1 Revenues Beat; Raises FY21 Revenues Mid-Point Guidance, Affirms 2Q Revs. View

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Go back to Paysafe Limited (PSFE) Reports Q1 Revenues Beat; Raises FY21 Revenues Mid-Point Guidance, Affirms 2Q Revs. View

Paysafe Reports First Quarter 2021 Results and Reaffirms 2021 Outlook

May 11, 2021 6:55 AM EDT

LONDON--(BUSINESS WIRE)-- Paysafe Limited (Paysafe or the Company) (NYSE: PSFE) (PSFE.WS), a leading specialized payments platform, today announced its financial results for the first quarter of 2021.

First Quarter 2021 Financial Highlights
(metrics compared to first quarter of 2020)

Revenue of $377.4 million, increased 5% Net loss attributable to the Company of $49.1 million, compared to net loss of $51.1 million Total Payment Volume of $27.7 billion, increased 8% Adjusted EBITDA of $113.2 million, approximately flat Reaffirmed 2021 full year outlook

Philip McHugh, CEO of... More