FlexShopper FPAY reported fourth quarter earnings results on Monday, April 1, 2024 at 4:30 p.m.
Here’s what investors need to know about the announcement.
Earnings
FlexShopper beat estimated earnings by 36.0%, reporting EPS of -$0.16 versus an estimate of -$0.25.
Revenue increased by $8.86 million compared to the same period last year.
Past earnings performance
In the latest quarter the company beat EPS of $0.24, followed by a 6.0% increase in the stock price the next day.
Here’s a look at FlexShopper’s past performance:
| Quarter | Third quarter 2023 | Second quarter 2023 | First quarter 2023 | Fourth quarter 2022 |
|---|---|---|---|---|
| EPS estimate | -0.25 | -0.08 | -0.04 | -0.08 |
| Actual EPS | -0.01 | -0.22 | -0.06 | -0.37 |
| Revenue estimate | 24.52 million | 32.43 million | 33.21 million | 28.78 million |
| Actual revenue | 31.39 million | 24.53 million | 30.79 million | 21.41 million |
To keep track of all earnings releases for FlexShopper, visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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