Paysafe (PSFE) posted a second quarter net loss of $50.1 million compared to a loss of $1.4 million, prior year. Net loss per share was $0.85 compared to a loss of $0.02. Net loss included a charge to income tax expense of $30.6 million related to the recognition of a valuation allowance against the company's UK deferred tax assets. Adjusted net income per share declined to $0.46 from $0.59. Analysts on average expected the company to report profit per share of $0.46, for the quarter. Analysts' estimates typically exclude special items.
Second quarter revenue was $428.22 million compared to $439.92 million, last year. Organic revenue growth was 5%, for the quarter.
Shares of Paysafe are up 12% in pre-market trade on Tuesday.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
For comments and feedback contact: editorial@rttnews.com
Business News
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.