earnings
confidence high
sentiment positive
materiality 0.75
Shift4 Q4 2023: E2E volume +55% YoY to $32.1B; Adj. EBITDA $136.1M (+44%)
Shift4 Payments, Inc.
- End-to-end payment volume $32.1B, up 55% YoY; gross profit $184.6M (+33%).
- Adjusted EBITDA $136.1M (+44% YoY); net income $19.2M; adjusted free cash flow $75.3M (+33%).
- Gross revenue less network fees $269.3M (+35% YoY); enterprise deal timing caused a slight miss.
- New major wins: NY Yankees, LA Dodgers, NFL Rams/Jets at MetLife, Cirque du Soleil.
- Strategic review of alternatives still active and ongoing; 2024 guidance reaffirmed.