Shares of online payments platform Paysafe Limited (PSFE) are rallying more than 21% Tuesday morning after the company announced a share buyback of up to $50 million of shares.
For the third quarter, Paysafe reported net loss of $2.55 million, or $0.04 per share, compared with profit of 978,000 or $0.02 per share in the same quarter a year ago.
Excluding special items, the company posted earnings of $35.3 million, or $0.57 per share.
Revenue for the quarter was $396.4 million, an increased 8%.
PSFE is at $12.97 currently. It has traded in the range of $9.25 - $24.25 in the last 1 year.
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December 26, 2025 08:42 ET Third quarter economic growth data from some major economies including the U.S. were the main news in this holiday shortened week. GDP growth and industrial production data from the U.S. helped to boost morale, while the consumer confidence survey results were less upbeat. In Europe, the quarterly economic growth data from the U.K. drew attention, while the minutes of the Australian central bank’s latest policy session was in focus in Asia.