earnings
confidence high
sentiment positive
materiality 0.85
Sezzle Q2 net income $29.7M ($4.93/diluted EPS); raises FY24 guidance on revenue growth 35-40%
Sezzle Inc.
2024-Q2 EPS reported
$6.31
revenue$102,947,139
- Total revenue $56.0M (+60.2% YoY); UMS $532.2M (+38.9% YoY); operating income $16.7M (+343.7% YoY).
- Adjusted net income $13.1M (23.3% of revenue); adjusted diluted EPS $2.17 vs ($0.03) YoY.
- Raised FY24 guidance: total revenue growth 35-40% (prev 25%), net income $55M (prev $30M), adjusted net income $40M (new).
- Net income includes $16.8M discrete tax benefit from release of valuation allowance on deferred tax assets.
- Active subscribers 462,000; consumer purchase frequency climbed to 4.8x in Q2 from 3.3x YoY.