Paysafe Q3 revenue and adjusted EPS miss analyst expectations

Overview

• Global payments platform's Q3 revenue missed analyst expectations

• Adjusted EPS for Q3 missed analyst expectations

• Net loss widened to $247.5 mln from $87.7 mln, including a goodwill impairment

Outlook

• Paysafe updates FY26 revenue guidance to $1.761 bln-$1.771 bln, adjusted EBITDA to $415 mln-$422 mln and adjusted EPS to $1.45-$1.54

Results Driver

• DIGITAL WALLETS GROWTH – Latin America and PaysafeWallet in Europe supported organic growth, offsetting cryptocurrency and financial-trading pressures

• MERCHANT SOLUTIONS GROWTH – Q3 revenue grew 2%, driven by North America iGaming and improved small- and medium-sized business growth, partially offset by lower data-licensing revenue

• GOODWILL IMPAIRMENT – Q3 net loss widened to $247.5 mln from $87.7 mln and included a $203.3 mln non-cash goodwill impairment

Company press release:

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"

• The average consensus recommendation for the financial technology (fintech) peer group is "buy."

• Wall Street's median 12-month price target for Paysafe Ltd is $8.60, about 26.1% above its November 11 closing price of $6.82

• The stock recently traded at 3 times the next 12-month earnings vs. a P/E of 3 three months ago

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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)