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Shift4 Payments, Inc. - FOUR STOCK NEWS

Welcome to our dedicated page for Shift4 Payments news (Ticker: FOUR), a resource for investors and traders seeking the latest updates and insights on Shift4 Payments stock.

Shift4 Payments, Inc. (symbol: FOUR) is a leader in secure payment processing solutions, powering top point-of-sale and software providers across various verticals such as food & beverage, hospitality, lodging, gaming, retail, and e-commerce. Among its known brands are Harbortouch, Restaurant Manager, Positouch, and Future POS. Additionally, Shift4 integrates with over 300 software solutions across diverse industries, ensuring seamless and secure transactions.

With a presence spanning eight offices in the United States and Europe, Shift4 Payments collaborates with 7,000 sales partners and operates three state-of-the-art data centers. The company processes over 1 billion transactions annually for nearly 200,000 businesses, translating to over $100 billion in payments each year.

Shift4 Payments offers an integrated payment processing and technology solution, providing software providers a single integration point for end-to-end payment processing. Their services include a powerful gateway, cloud enablement, business intelligence, analytics, and mobile solutions, enhancing the value of software suites and simplifying payment acceptance. The company derives the bulk of its revenue from its operations in the United States.

Recent achievements and developments in Shift4 Payments include strategic partnerships and technological advancements aimed at enhancing their service offerings. By continually expanding their integration capabilities and processing infrastructure, Shift4 Payments remains at the forefront of the payment processing industry.

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The Tennessee Titans have partnered with Shift4 (NYSE: FOUR) to process payments for food and beverage concessions at Nissan Stadium. This agreement designates Shift4 as the venue's official payment processor, with technology set to launch at the upcoming ‘WWE Summerslam’ event on July 30. The integrated solution includes mobile ordering and wallet integration, aiming to enhance the fan experience and streamline operations. Shift4 serves over 100 sports venues in the U.S., showcasing its leadership in commerce technology.

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Shift4 has been selected as the official payment processor for the Wells Fargo Center, enhancing payment solutions for ticketing, concessions, and retail. This partnership involves integrating Shift4's technology into venue operations, making transactions smoother for fans. The Wells Fargo Center is undergoing a $300+ million transformation project, and Shift4 aims to streamline operations while boosting the overall fan experience. The integration is expected to commence with the 2022-2023 seasons for the Philadelphia Flyers and 76ers.

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Shift4 (NYSE: FOUR) will participate in several key investor conferences, showcasing its leadership in commerce technology solutions. Notable appearances include a fireside chat on May 12, 2022, at the MoffettNathanson Summit, and attendance at the Loop Capital Investor Conference on June 2, 2022. Additionally, a fireside chat is scheduled for the RBC Capital Markets Financial Technology Investor Day on June 14, 2022. Interested parties can access live webcasts of these events on Shift4’s Investor Relations website.

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Shift4 (NYSE: FOUR) announced its first quarter 2022 financial results in a shareholder letter available on its Investor Relations website. The company, a leader in integrated payments technology, will host an earnings conference call on May 5, 2022, at 8:30 a.m. ET to discuss results. Shift4 powers billions of transactions annually for numerous businesses worldwide, demonstrating its significant role in commerce-enabling technology.

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Shift4 (NYSE: FOUR) will announce its first quarter 2022 financial results on May 5, 2022, prior to market opening. A conference call is scheduled for 8:30 am ET the same day, where management will discuss the results. Interested participants can register for the call via a provided link. The earnings call will also be available as a live webcast on the Shift4 Investor Relations website, with a recording accessible post-event. Shift4 specializes in commerce technology, facilitating billions of transactions annually for a wide range of businesses.

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Ontario International Airport (ONT) announced a partnership with Shift4 to implement the VenueNext mobile point-of-sale solution. This technology allows travelers to order and pay for food, beverages, and merchandise via their phones, enhancing the customer experience. Key features include mobile ordering, self-checkout, and special promotions. ONT aims to provide innovative services not available at other Southern California airports, reinforcing its growth as America’s fastest-growing airport.

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Shift4 Payments has successfully obtained the necessary consents to amend the indenture governing its $450.0 million 4.625% Senior Notes due 2026. The amendment allows for the repurchase of capital stock as part of the Market Capitalization exception. A cash payment of $10.00 per $1,000 in aggregate principal will be made to valid noteholders. This amendment becomes effective upon the payment of the consent payment, which is expected on March 18, 2022.

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Shift4 (NYSE: FOUR) has launched the “Caring with Crypto” campaign, aiming to raise over $20 million for nonprofit organizations, with $10 million in matching funds from CEO Jared Isaacman. The initiative supports various causes, including Ukraine relief efforts, where nearly $2 million has already been raised. This campaign highlights Shift4's commitment to integrating cryptocurrency donations with traditional payment methods, enhancing its role in the crypto philanthropy space.

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Shift4 Payments, Inc. (NYSE: FOUR) has initiated a consent solicitation for its $450 million 4.625% Senior Notes due 2026. The purpose is to gain consent from holders of the Notes to amend the indenture, enabling capital stock repurchases under a 5.0% Market Capitalization exception. The solicitation commenced on March 11, 2022, and will expire on March 17, 2022, at 5:00 p.m. ET. A consent fee of $10 per $1,000 in principal will be paid for valid consents received by the expiration time. Shift4 requires a majority consent to proceed with the amendment.

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Shift4 (NYSE: FOUR) has partnered with the Portland Timbers, a Major League Soccer club, to enhance fan experiences at Providence Park. This collaboration integrates Shift4's advanced payment solutions, including POS hardware, mobile ordering, and self-service kiosks. The new system will streamline transactions for fans on matchdays, offering mobile orders for food, beverages, and merchandise. The partnership aims to simplify commerce at the venue and improve operational efficiencies for the club.

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FAQ

What is the current stock price of Shift4 Payments (FOUR)?

The current stock price of Shift4 Payments (FOUR) is $109.78 as of November 22, 2024.

What is the market cap of Shift4 Payments (FOUR)?

The market cap of Shift4 Payments (FOUR) is approximately 7.6B.

What does Shift4 Payments, Inc. do?

Shift4 Payments provides secure payment processing solutions for various industries including food & beverage, hospitality, and retail.

Which brands are part of Shift4 Payments?

Shift4 Payments includes brands like Harbortouch, Restaurant Manager, Positouch, and Future POS.

How many transactions does Shift4 Payments process annually?

Shift4 Payments processes over 1 billion transactions annually.

How much payment volume does Shift4 Payments handle each year?

Shift4 Payments handles over $100 billion in payments each year.

Where does Shift4 Payments operate?

Shift4 Payments operates in the United States and Europe, with eight offices in these regions.

What services does Shift4 Payments offer?

Shift4 Payments offers payment processing, a powerful gateway, cloud enablement, business intelligence, analytics, and mobile solutions.

Who are Shift4 Payments' target customers?

Shift4 Payments targets businesses in various industries such as food & beverage, hospitality, lodging, gaming, retail, and e-commerce.

How many businesses use Shift4 Payments' services?

Nearly 200,000 businesses use Shift4 Payments' services.

What recent achievements has Shift4 Payments made?

Shift4 Payments has made strategic partnerships and technological advancements to enhance their service offerings.

What is the primary revenue source for Shift4 Payments?

Shift4 Payments derives most of its revenue from operations in the United States.

Shift4 Payments, Inc.

NYSE:FOUR

FOUR Rankings

FOUR Stock Data

7.61B
67.62M
1.56%
106.34%
11.56%
Software - Infrastructure
Services-business Services, Nec
Link
United States of America
CENTER VALLEY