Paysign earned $6.7 million, or 11 cents a share, in the third quarter, compared with $2.2 million, or 4 cents a share, a year earlier. Revenue increased to $30.8 million from $21.6 million.
Analysts surveyed by FactSet had expected earnings of 9 cents a share on revenue of $29 million. Paysign shares had closed Monday down 15% at $12.51, though they were up 143% through the close.
For the full year, the company maintained its revenue outlook of $114 million to $117 million. It raised its earnings-per-share forecast to 37 cents to 38 cents, from a previous range of 35 cents to 37 cents. Analysts expect full-year earnings of 35 cents a share on revenue of $114.7 million.




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