Paysafe Limited (PSFE), Tuesday reported net loss of $1.43 million, or $0.02 per share for the second quarter, lower than net loss of $1.77 million, or $0.03 per share in the same quarter a year ago, mainly on higher revenues. The online payments company also raised its full-year revenue outlook. Paysafe shares were up more than 11 percent in pre-market to $21.59.
Excluding one-time items, the company posted earnings of $36.28 million, or $0.59 per share, up from $34.7 million, or $0.56 per share last year.
Revenue for the quarter increased 9 percent to $439.92 million from $402.34 million in the previous year.
For the full year, Paysafe now expects revenue in the range of $1.713 billion - $1.729 billion, up from the previous guidance of $1.688 billion - $1.712 billion.
Paysafe stock had closed at $19.36, down 1.07 percent on Monday. It has traded in the range of $9.25 - $21.89 in the last 1 year.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.