Dutch payment processor Adyen's third-quarter sales beats forecasts
Dutch payment processor Adyen's third-quarter sales beats forecasts Oct 28 (Reuters) - Dutch payment processor Adyen ADYEN.AS reported a 23% jump in its third-quarter revenue to €738.1 million ($821.8 million), beating a company-compiled analysts' forecast of €730.3 million.
The company also guided to a 50% margin on core earnings in 2026 and said it would discontinue its medium-term earnings before interest, taxation, depreciation and amortization target "to retain flexibility".
Adyen added it processed €451.1 billion in payments, also beating the market view of €435.6 billion.
(Reporting by Jakob Van Calster; Editing by Rashmi Aich)
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