Brief: Flexshopper Q1 Revenue $22.7 Million

FlexShopper

07/05/2019 23:09

May 7 (Reuters) - FlexShopper Inc  FPAY.O :
    * FLEXSHOPPER REPORTS 2019 FIRST QUARTER FINANCIAL RESULTS;
TOTAL
REVENUES UP 53.8% WITH ADJUSTED EBITDA OF $2.3 MILLION AND NET
INCOME OF $504,000
    * Q1 REVENUE $22.7 MILLION
    * QTRLY LOSS PER SHARE $0.01
    * UPDATING ITS GUIDANCE FOR 2019.
    * FLEXSHOPPER - SEES 2019 ADJUSTED EBITDA GREATER THAN $4.0
MILLION
    * FLEXSHOPPER - SEES 2019 GROSS PROFIT GREATER THAN $25.5
MILLION
    * FLEXSHOPPER - SEES 2019 GROSS REVENUE GREATER THAN $110
MILLION

Source text for Eikon:  ID:nGNX1SHVym 
Further company coverage:  FPAY.O 

 ((Reuters.Briefs@thomsonreuters.com;))