|Over a week ago|
Paysign reports Q1 EPS 3c, consensus 4c » 16:1805/0705/07/20
Reports Q1 revenue…
Reports Q1 revenue $10.6M, consensus $10.42M. "We are very pleased with the company's first quarter revenue and earnings, as our results surpassed our internal forecasts, as both plasma and patient affordability programs exhibited healthy year over year revenue growth. We did see some impact related to stay at home mandates and related safety measures in our plasma programs in late March, while our patient affordability programs continued to experience exceptional growth throughout the quarter," said Mark Newcomer, CEO. "From the outset of the COVID-19 pandemic, the Paysign team has worked to prioritize the safety of our employees and provide excellent service to our customers and cardholders. We continue to monitor developments in this unprecedented situation and are pressing forward with our key initiatives in support of Paysign's long-term growth. Gross Margin in the first quarter of 54.1% improved nicely compared to the same period in 2019, but also versus the 51.8% in quarter four," stated Mark Attinger, CFO. "This was not only in line with our expectations, but is an important indicator of predictability, as we expect to return to 2019 Gross Margin levels."
|Over a month ago|
Fly Intel:Tesla upgrade, Square downgrade among today's top calls on Wall Street » 09:5304/1404/14/20
TSLA, SQ, ETSY, ZM, FIS, LC, ENVA, ELVT, ONDK, PAYS, USIO
Check out today's top…
LendingClub, Enova International, Elevate Credit cut to Hold at Maxim » 08:2704/1404/14/20
ELVT, ENVA, LC, ONDK, PAYS, USIO
Maxim analyst Michael…
Maxim analyst Michael Diana downgraded LendingClub (LC), Enova International (ENVA), and Elevate Credit (ELVT) to Hold from Buy as part of a broader research note on the online lender sector. The analyst states that all lenders have been negatively impacted by borrowers having been weakened financially by the outbreak of COVID-19, though LendingClub (LC) and On Deck Capital (ONDK) are especially vulnerable given their focus on non-prime consumers. Diana still retains his Buy rating on (PAYS) and (USIO) given that these names offer niches with a focus in the healthcare space.
Paysign receives notification of deficiency from Nasdaq » 08:5204/0304/03/20
Paysign announced that it…
Paysign announced that it received a standard notice from The Nasdaq Stock Market stating that, as a result of not having timely filed the company's annual report on Form 10-K for the year ended December 31, 2019, the company is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of periodic financial reports with the SEC. The notice from Nasdaq has no immediate effect on the listing or trading of the company's common stock on the Nasdaq Capital Market. Under Nasdaq's listing rules, the company has 60 calendar days from the date of the notice, or until June 1, to submit a plan to regain compliance. The company has now filed its Form 10-K and expects that Nasdaq will accept this filing as curing the company's deficiency.
Paysign postpones yearend earnings call » 16:5803/3103/31/20
Paysign announced it will…
Paysign announced it will be postponing its yearend 2019 earnings results call to allow additional time to complete its year-end closing procedures. Paysign will issue a press release announcing a new date and time of the postponed earnings call upon completion of these procedures.
Paysign options imply 31.5% move in share price post-earnings » 14:4903/3103/31/20
Pre-earnings options volume in Paysign is normal with calls leading puts 11:1. Implied volatility suggests the market is anticipating a move near 31.5%, or $1.65, after results are released. Median move over the past eight quarters is 11.1%.
Paysign to delay year-end earnings call until March 31 » 17:0403/2303/23/20
Paysign announced that it…
Paysign announced that it will delay its year-end conference call, previously scheduled for March 25th 2020 until March 31, 2020 at 5:00 PM Eastern Time.
Paysign sees FY19 revenue $34.7M, consensus $36.49M » 08:2703/1603/16/20
For the full year 2019,…
For the full year 2019, total revenues are expected to be $34.7 million, an increase of 48% when compared to 2018. Net income attributable to Paysign on a GAAP basis is expected to be $7.5 million, an increase of 188% when compared to 2018, and Adjusted EBITDA is expected to be $10.1 Million, an increase of 106% when compared to 2018.
Paysign trading resumes 09:5603/1203/12/20
Paysign trading halted, volatility trading pause 09:5103/1203/12/20