Paysign Q2 revenue $8.6M (+29% YoY); net loss narrows to $0.2M; adds 62 plasma centers

Paysign, Inc.

2022-Q2 EPS reported -$0.01 revenue$16,819,415

Revenue $8.6M, up 29% YoY; net loss $0.2M vs $0.7M loss last year; adjusted EBITDA $0.9M.
Added 62 plasma centers in Q2, exiting with 437 centers; gross dollar load up 40.5% YoY.
FY2022 revenue guidance raised to high end of $35.25M-$38.35M (27.5% growth); Q3 rev ~$10.2M, Q4 ~$10.5M.
Gross margin improved to 55%; engaged Moss Adams LLP as new auditor; unrestricted cash $6.5M.

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