earnings
confidence high
sentiment positive
materiality 0.72
Shift4 Q2 2022: E2E volume $16.9B (+43% YoY), raises FY2022 guidance
Shift4 Payments, Inc.
- End-to-end payment volume $16.9B (+43% YoY); gross revenue less network fees $182.6M (+34% YoY).
- GAAP net income $15.0M ($0.18 diluted EPS); adjusted net income $27.9M ($0.33 diluted EPS).
- Adjusted EBITDA $65.6M (36% margin); raises FY2022 Adj. EBITDA guidance to $255-265M (+53-59% YoY).
- Raises FY2022 gross revenue less network fees guidance to $690-710M (+30-34% YoY); introduces Adj. FCF guide of $130-140M.
- Finaro acquisition on track for Q4 close; new vertical volumes ramping with Starlink, Allegiant, and sports stadiums.