Romanita Hairston, who currently serves as Global Technical Content Portfolio director at Microsoft, will lead the organization starting in July. Read More...
Motley Fool
Why Paysafe Stock Is Soaring Today
Shares of Paysafe (NYSE: PSFE), a payments platform, were skyrocketing this morning after the company reported better-than-expected fourth-quarter results. Investors reacted positively to the company beating analysts’ consensus estimate for revenue in the quarter and pushed the tech stock up by 10% as of 10:29 a.m. ET. Paysafe’s sales of $371.7 million in the fourth quarter were essentially flat on a year-over-year basis, but that revenue easily beat Wall Street’s consensus estimate of $357.4 million for the quarter.
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