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PSFE — Paysafe News Story

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Paysafe plummets on weaker FY25 forecast

Updates

** Payments platform Paysafe's  shares down 26% at $7.52

** PSFE reduced the midpoints of the FY25 revenue outlook by 1% and adj. EBITDA by 9%

** Company cites slower growth in high-margin areas like digital wallet, e-commerce and stronger growth in low-margin areas such as the ISO channel, hurting overall profitability

** PSFE reports adjusted Q3 net income of $40.3 million, or 70 cents per share, compared to net loss of $12.98, or 21 cents per share, a year ago

** Co attributes the wider loss to an accounting charge of $81.2 million due to the One Big Beautiful Bill that changed tax rules

** The increase in net loss was also attributed to higher restructuring and other costs of $12.4 million, primarily related to legal fees

** One of seven brokerages rate the stock "strong buy", five "hold" and one "sell"; median PT $14.55 — data compiled by LSEG

** As of last close, PSFE stock down ~56% YTD

 (Reporting by Anuj T in Bengaluru)

 ((anuj.t@thomsonreuters.com))

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