Paysafe Limited (NYSE:PSFE) shares surged on Tuesday after the payments platform topped Wall Street’s second-quarter earnings and revenue estimates, posted organic growth in its Digital Wallets unit, and raised its full-year sales outlook.
The company reported second-quarter adjusted earnings per share of 46 cents, beating the analyst consensus estimate of 45 cents.
Quarterly sales of $428.218 million outpaced the Street view of $424.749 million (down 3% year over year). Paysafe registered organic revenue growth of 5% in the quarter under review.
Reported revenue …