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Benzinga
Benzinga
Business
Adam Eckert

UNCOVERED: Why paysafe shares are trading higher | History Defined

Paysafe (NYSE:PSFE) is trading higher Wednesday after the company reported better-than-expected top-line results for the fourth quarter and issued guidance.

Paysafe reported quarterly revenue of $371.7 million, which beat the $357.37 million estimate. Revenue was approximately flat compared to the fourth quarter of 2020. Net income attributable to Paysafe was $90.3 million, compared to a net loss of $3.4 million in the same quarter last year.

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