earnings
confidence high
sentiment positive
materiality 0.80
Shift4 Q2 E2E volume +59% YoY, revenue +26%, Adj. EBITDA +68%; raises FY guidance
Shift4 Payments, Inc.
- End-to-end payment volume $26.8B (+59% YoY); gross revenue $637M (+26%).
- GAAP net income $36.8M; Adjusted EBITDA $110.0M (+68%); Adj. diluted EPS $0.74.
- Raised full-year 2023 guidance, including expected contribution from Finaro acquisition closing in Q4.
- SkyTab POS added ~6,500 new systems in Q2; expanding into non-profits and international.
- Signed notable enterprise merchants: Virgin Hotels, Fontainebleau Las Vegas, Westgate Resorts.