Paysafe Refinances Debt to 2030 as Q2 Revenue Beats on $447.4 Million Sales
Updated
Updated · Yahoo Finance · Aug 13
Paysafe Refinances Debt to 2030 as Q2 Revenue Beats on $447.4 Million Sales
2 articles · Updated · Yahoo Finance · Aug 13
Summary
Paysafe extended portions of its term-loan maturities to 2030 after completing a refinancing on Aug. 12, giving the payments company more time before significant debt comes due.
$447.4 million in second-quarter revenue topped the $444.7 million consensus and rose 4% year over year, while adjusted EPS of $0.43 matched forecasts; the stock gained 0.8%.
Profitability was weaker beneath the top-line beat: adjusted EBITDA slipped 2% to $102.8 million and GAAP loss widened to $1.13 a share from $0.85 a year earlier.
Full-year 2026 adjusted EPS guidance of $1.90 to $2.03 came in below the $2.15 analyst consensus because the refinancing changed expected interest expense, while revenue guidance of $1.79 billion to $1.83 billion was broadly in line.
Merchant Solutions led growth with revenue up 6% to $246.1 million, helped by North American iGaming and data commercialisation, while Digital Wallets rose 3% to $206.6 million.