Paysafe Limited (PSFE) Q1 Revenues Miss Consensus

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Go back to Paysafe Limited (PSFE) Q1 Revenues Miss Consensus

Paysafe Reports First Quarter 2022 Results; Reaffirms Full Year Outlook

May 11, 2022 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 2022.

First Quarter 2022 Financial Highlights
(Metrics compared to first quarter of 2021)

Total Payment Volume of $31.2 billion*, increased 13% Revenue of $367.7 million, decreased 3%; Revenue approximately flat on a constant currency basis Net loss attributable to the Company of $1.2 billion, compared to net loss of $60.6 million, and inclusive of a non-cash impairment charge of $1.2 billion Adjusted... More