Paysign, Inc. Reports First-Quarter 2021 Financial Results
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Paysign, Inc. (PAYS) Misses Q1 EPS by 4c, Revenues Miss; Offers FY21 Revenues Guidance Below Consensus
May 11, 2021 4:35 PM EDTPaysign, Inc. (NASDAQ: PAYS) reported Q1 EPS of ($0.03), $0.04 worse than the analyst estimate of $0.01. Revenue for the quarter came in at $6.3 million versus the consensus estimate of $7.24 million.
First-quarter total revenues of $6.3 million, a decrease of $4.3 million from first-quarter 2020First-quarter net loss of $1.6 million, or diluted earnings per share (EPS) of ($0.03)First-quarter adjusted EBITDA of ($0.4) million, or diluted adjusted EBITDA per share of ($0.01)First-quarter gross dollar load volume declined 15.2% versus the year-ago period and increased 12.2% versus the previous quarterFirst-quarter purchase volume declined 13.1% versus the year-ago period and was... More