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.
Shift4 (NYSE: FOUR) has announced its upcoming Investor Field Day on November 10 at Allegiant Stadium in Las Vegas. The event will begin at 9:00 a.m. PT and feature a formal presentation, product demonstrations, and a facility tour, showcasing Shift4's integrated payments technology. Attendees will also have the opportunity to meet with the management team. The event aims to highlight the performance of Shift4's core business and its strategic growth initiatives. The presentation will also be livestreamed.
Everi Holdings (NYSE: EVRI) has partnered with Shift4 (NYSE: FOUR) to integrate its CashClub Wallet technology with Shift4's payment solutions. This collaboration aims to enhance cashless payments across casinos, improving patrons' digital experience by facilitating funding at gaming devices and retail points. Currently operational in 15 casinos, hosting 32,000 gaming devices, CashClub Wallet is the leading digital wallet in U.S. land-based gaming. Both companies aim to bolster efficiency and convenience in the gaming payment landscape.
Shift4 (NYSE: FOUR) reports a remarkable growth of over 80% in payment volume and more than 25% in active merchant counts year-over-year for October. The sports and entertainment sector has shown strong adoption, with over 80 venues integrating Shift4's solutions. Despite global supply chain challenges, Shift4 maintains growth with over 40 PCI validated payment devices, enhancing its integrated payment strategy. CEO Jared Isaacman hints at significant upcoming updates during the Investor Field Day on November 10, following third-quarter results.
Shift4 Payments (NYSE: FOUR) will release its third quarter 2021 financial results before the market opens on November 10, 2021. A conference call is scheduled for 8:30 am ET on the same day to discuss these results. Following the call, an Investor Field Day will be held at Allegiant Stadium from 12:00 – 3:00 PM ET, featuring a formal presentation and facility tour. Shift4 Payments is a leader in integrated payment processing, supporting over 350 software providers across various sectors.
Inspiration4 announced their mission payload for the first all-civilian spaceflight, scheduled for September 14, 2021. The crew will carry significant items, including the first-ever minted NFT song by Kings of Leon, aimed at supporting St. Jude Children's Research Hospital. The auction for these items opens on September 9 and aims to raise part of the $200 million goal to aid in childhood cancer research. The mission represents a historic milestone in space exploration, with crew member Hayley Arceneaux, a cancer survivor, also set to play the NFT in orbit.
Shift4 Payments (NYSE: FOUR) has appointed Karen Roter Davis to its Board of Directors, effective August 16, 2021, filling the vacancy left by Andrew Frey. Ms. Davis is a technology expert with extensive experience at Google and its subsidiaries, adding significant value to Shift4's strategic direction. With this appointment, the Board comprises seven directors, including four independent members. The company aims to leverage Ms. Davis's two decades of technology experience to enhance its integrated payment processing ecosystem, which serves numerous industries.
Shift4 Payments (NYSE: FOUR) has released its second quarter 2021 financial results, highlighting its leadership in integrated payment processing solutions. The shareholder letter details the company's financial performance and can be accessed via their Investor Relations website. A conference call is scheduled for August 5, 2021, at 8:30 am ET to discuss the results. Shift4 Payments powers over 350 software providers across various industries, securely processing billions of transactions annually for numerous businesses.
The United Center, home to the Chicago Bulls and Blackhawks, has partnered with Shift4 Payments (NYSE: FOUR) to enhance payment processing at the arena. This collaboration integrates VenueNext technology for improved fan experiences, simplifying transactions for concessions, premium suites, and retail services. The partnership aims to streamline operations, reduce costs, and provide a seamless event experience for attendees. Shift4's suite of products will enable varied purchasing options, including contactless payments within the United Center apps.
Shift4 Payments (NYSE: FOUR) will release its Q2 2021 financial results on August 5, 2021, before market open. Management will hold a conference call at 8:30 am ET on the same day to discuss the results. The call can be accessed through registration, and a confirmation email will provide dial-in details. Shift4 Payments is a leader in integrated payment solutions, processing over $200 billion in payments volume for more than 200,000 businesses in 2019.
Shift4 Payments (NYSE: FOUR) announced an upsize in its offering of 0.50% convertible senior notes, raising the total to $550 million from the initial $500 million. The notes will mature on August 1, 2027, with an interest rate of 0.50%, payable semi-annually. The conversion price is set at approximately $122.66 per share, representing a 42.5% premium over previous offerings. Shift4 will utilize the proceeds for general corporate purposes, including potential acquisitions. Notably, the company will not pursue a previously announced public stock offering.
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