earnings
confidence high
sentiment positive
materiality 0.75
Paysign Q3 revenue up 17% to $12.4M; net income $1.1M; pharma revenue +142%
Paysign, Inc.
2023-Q3 EPS reported
$0.02
revenue$33,584,666
- Q3 total revenues $12.4M (+17% YoY); net income $1.1M, diluted EPS $0.02.
- Adjusted EBITDA $2.3M (+22% YoY); plasma revenue +13%, pharma patient affordability revenue +142%.
- Added 19 new plasma centers (462 total); avg revenue per plasma center per month $8,102 (+7.8% YoY).
- Exited quarter with $9.9M unrestricted cash, zero debt; repurchased 75k shares for $150k.
- FY2023 guidance reaffirmed: revenue $44-46M, Adj. EBITDA $6-7.5M; Q4 growth expected slightly above 17%.