Paysign, Inc. Reports Third Quarter 2024 Financial Results
Paysign, Inc. (PAYS)
Company Research
Source: Business Wire
Third quarter 2024 total revenues of $15.26 million, up 23.0% from third quarter 2023Third quarter 2024 net income of $1.44 million, or diluted earnings per share of $0.03, versus net income of $1.10 million, or diluted earnings per share of $0.02 for third quarter 2023Third quarter 2024 Adjusted EBITDA of $2.83 million, up 20.6% from $2.35 million for third quarter 2023, while diluted Adjusted EBITDA per share was $0.05 versus $0.04 for third quarter 20231Exited the quarter with 478 plasma centers, contributing to a 3.4% increase in plasma revenue versus the same period last yearExited the quarter with 66 active patient affordability programs, leading to a 219.1% increase in pharma patient affordability revenue over the same period last yearExited the quarter with $10.29 million of unrestricted cash and zero debtThird quarter 2024 gross dollar load volume was up 1.8% compared to third quarter 2023Third quarter 2024 gross spend volume was up 0.4% compared to third quarter 2023Third qu
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News
- Paysign, Inc. (NASDAQ: PAYS) is now covered by analysts at Lake Street Capital. They set a "buy" rating and a $6.00 price target on the stock.MarketBeat
- Should You Be Adding Paysign (NASDAQ:PAYS) To Your Watchlist Today? [Yahoo! Finance]Yahoo! Finance
- Earnings Beat: Paysign, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models [Yahoo! Finance]Yahoo! Finance
- PaySign Inc (PAYS) Q3 2024 Earnings Call Highlights: Impressive Revenue Growth and Strategic ... [Yahoo! Finance]Yahoo! Finance
- Paysign, Inc. (NASDAQ: PAYS) had its "outperform" rating re-affirmed by analysts at Barrington Research. They now have a $7.00 price target on the stock.MarketBeat
PAYS
Sec Filings
- 12/11/24 - Form 4
- 11/20/24 - Form 4
- 11/14/24 - Form SC
- PAYS's page on the SEC website