FlexShopper, Inc. Reports 2024 First Quarter and Year End Financial Results
FlexShopper, Inc. (FPAY)
NASDAQ:AMEX Investor Relations:
investors.flexshopper.com
Company Research
Source: GlobeNewswire
BOCA RATON, Fla., May 13, 2024 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (Nasdaq:FPAY) (“FlexShopper”), a leading national online lease-to-own (“LTO”) retailer and payment solution provider for underserved consumers, today announced its financial results for the quarter ended March 31, 2024. Results for Quarter Ended March 31, 2024, vs. Quarter Ended March 31, 2023: Total fundings decreased 1.1% to $26.0 million from $26.3 millionTotal revenues increased 10.1% to $33.9 million from $30.8 millionGross profit increased 30.9% to $17.8 million from $13.6 millionAdjusted EBITDA1 increased by $1.2 million to $7.6 million from $6.4 millionOperating income increased 19.0% to $5.0 million from $4.2 millionNet loss attributable to common stockholders of $(1.3) million, or $(0.06) per diluted share, compared to net loss attributable to common stockholders of $(1.2) million, or $(0.06) per diluted shareCore earnings1 increased 64.7% to a gain of $354 thousand from a gain of $215 thousand Confere
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News
- FlexShopper, Inc. (NASDAQ: FPAY) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $2.50 price target on the stock.MarketBeat
- FlexShopper Inc. (FPAY) Reports Q1 Loss, Tops Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- FlexShopper, Inc. Reports 2024 First Quarter and Year End Financial Results [Yahoo! Finance]Yahoo! Finance
- FlexShopper, Inc. (NASDAQ:FPAY) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- FlexShopper, Inc. (NASDAQ: FPAY) had its price target raised by analysts at HC Wainwright from $2.00 to $2.50. They now have a "buy" rating on the stock.MarketBeat
FPAY
Earnings
- 5/13/24 - Miss
FPAY
Analyst Actions
- 5/15/24 - HC Wainwright
FPAY
Sec Filings
- 6/17/24 - Form 4
- 6/11/24 - Form 4
- 6/7/24 - Form 4
- FPAY's page on the SEC website