Paysign Inc Stock Price, News & Analysis

Paysign, Inc. (NASDAQ: PAYS) will discuss its first quarter 2023 earnings on May 10, 2023, at 5:00 p.m. Eastern. The company is recognized for its prepaid card programs, patient affordability offerings, and digital banking services. Participants can join by dialing 877.407.2988 (U.S.) or +1.201.389.0923 (International). A replay will be available until August 10, 2023. Paysign focuses on customized payment solutions across various sectors, aiming to enhance operational efficiency and client loyalty. Incorporated in 1995 and based in Nevada, Paysign continues to innovate in digital payout solutions and payment processing for businesses and governments, enhancing revenue and reducing costs.

Paysign, Inc. (NASDAQ: PAYS) announced its financial results for 2022, reporting total revenues of $38.0 million, a 29% increase year-over-year. The company achieved net income of $1.0 million, or $0.02 per diluted share, with Adjusted EBITDA rising 175% to $5.5 million. The fourth quarter reflected total revenues of $10.6 million, a 21% increase, alongside net income of $0.7 million. The Board authorized a $5 million share repurchase program, highlighting confidence in future opportunities, supported by the addition of 78 new plasma donation centers.

Paysign, Inc. (NASDAQ: PAYS) has authorized a new stock repurchase program of up to $5,000,000 for its common stock, effective immediately and expected to conclude within 36 months. This initiative reflects the board and management's confidence in the company's operating results and growth strategy aimed at enhancing shareholder value. The repurchase will occur through open market transactions, private negotiations, or other means, with the timing and number of shares dependent on market conditions and liquidity needs. This program is intended to bolster investor confidence and potentially impact the stock price positively.

Paysign, Inc. (NASDAQ: PAYS) will announce its fourth quarter and annual earnings for 2022 on March 21, 2023 at 5:00 p.m. Eastern time. The company specializes in prepaid card programs and integrated payment solutions, serving various sectors including healthcare and retail. Investors can join the call via a U.S. dial-in or through a webcast. A replay will be available until June 21, 2023. Paysign's focus on innovative payment solutions aims to enhance operational efficiency and customer loyalty. For more information, visit paysign.com.

Paysign has partnered with EvoShare to enhance the Paysign Pays Cashback Rewards program. This collaboration introduces additional cash back opportunities for cardholders, allowing them to earn rewards on purchases made at over 10,000 local restaurants and online stores. The new features include offers from more retailers and a browser extension for instant notifications of cash back deals. This initiative is free for all Paysign cardholders, providing them with seamless access to enhanced savings benefits.

Paysign, Inc. (NASDAQ: PAYS) will present at the D.A. Davidson 2022 Fintech and Payments Spotlight Conference on December 8, 2022, in New York City. The company will engage in one-on-one meetings, panel discussions, and networking activities. As a provider of prepaid card programs and digital banking services, Paysign continually focuses on innovative payment solutions for various industries. Investors can learn more and register for the conference here.

Paysign, Inc. (NASDAQ: PAYS) will present virtually at the Ladenburg Thalmann Virtual Technology Expo on December 7, 2022, at 3:30 p.m. EST. The company specializes in prepaid card programs and digital banking solutions. Investors interested in attending or scheduling a meeting can register via the event page.

Paysign, Inc. (NASDAQ: PAYS) will present at The Benchmark Company’s 11th Annual Discovery One-on-One Investor Conference on December 1, 2022. The event will take place at the New York Athletic Club, offering a platform for emerging growth companies to connect with institutional investors. Paysign is set to participate in one-on-one meetings throughout the day. Investors interested in scheduling meetings can register online. The company is known for providing prepaid card programs and integrated payment processing services across various industries.

Paysign, Inc. (NASDAQ: PAYS) reported third-quarter 2022 revenues of $10.6 million, up 36% from the previous year. Net income reached $0.85 million, translating to diluted EPS of $0.02. The firm added 13 plasma donation centers in Q3, totaling 450 centers. Gross dollar load volume rose 57.6%, while purchase volume climbed 58.6%. Adjusted EBITDA stood at $1.9 million, reflecting solid operational performance. Looking ahead, total revenue for 2022 is projected between $38.15 million and $38.35 million, indicating 29-30% growth over 2021.