earnings
confidence high
sentiment positive
materiality 0.85
Shift4 Q3 revenue +50% to $365M; raises Q4 guidance; Givex acquisition closed
Shift4 Payments, Inc.
- E2E payment volume $43.5B (+56% YoY); GRLNF $365.1M (+50% YoY).
- Adjusted EBITDA $187.4M (+51% YoY); margin 51% (54% ex-M&A drag).
- Adjusted net income $96.2M ($1.04/diluted share); operating cash flow $182.1M.
- Closed Givex acquisition (Nov 8) adding 130K+ loyalty customers, $300B+ payment volume cross-sell.
- Raised Q4 GRLNF/EBITDA guidance mid-point; backlog $33B; new $1.1B senior notes issued.