REPAY Reports Second Quarter 2022 Financial Results

Go back to REPAY Reports Second Quarter 2022 Financial Results

Citi Downgrades Repay (RPAY) to Neutral, 'Expectations Reset Highlights More Macro Risk'

August 10, 2022 7:46 AM EDT

Citi analyst Andrew Schmidt downgraded Repay (NASDAQ: RPAY) from Buy to Neutral with a price target of $13.00 (from $19.00).

The analyst comments "We are downgrading RPAY to Neutral. The macroeconomic backdrop reduces visibility in key personal and auto loan repayment verticals (~15-20%/~25% of volume,... More

Repay Holdings Corporation (RPAY) Misses Q2 EPS by 3c

August 9, 2022 5:01 PM EDT

Repay Holdings Corporation (NASDAQ: RPAY) reported Q2 EPS of $0.17, $0.03 worse than the analyst estimate of $0.20. Revenue for the quarter came in at $67.4 million versus the consensus estimate of $69.39 million.

GUIDANCE:

Repay Holdings Corporation sees FY2022 revenue of $268-286 million, versus the... More