secwatch.observer — SEC 8-K summary
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Issuer:     Paysign, Inc. (PAYS)
CIK:        0001496443
Form:       8-K
Filed at:   2021-11-09T23:59:59+00:00
Accession:  0001683168-21-005354
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Paysign Q3 revenue $7.8M; plasma $7.0M (+35.6% YoY); net loss $0.3M; raises adj. EBITDA guidance to $1.3-1.9M
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- Total revenue $7.8M for Q3 2021, up $1.1M (16.8%) from Q2 2021 and $7.9M from year-ago.
- Plasma revenue $7.0M (+35.6% YoY); added 3 plasma centers for a total of 359.
- Net loss of $0.3M ($0.01 per diluted share) compared to net loss of $6.2M in Q3 2020.
- Adjusted EBITDA $1.0M ($0.02 per share) vs. $0.3M loss a year ago; FY forecast raised to $1.3-1.9M.
- Gross profit margin guidance raised 250 bps to 49.0% for full year 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1496443/000168316821005354/0001683168-21-005354-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1496443/000168316821005354/paysign_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-21-005354

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer