ATLANTA (AP) _ Repay Holdings Corporation (RPAY) on Monday reported a loss of $9.5 million in its third quarter.
The Atlanta-based company said it had a loss of 16 cents per share. Earnings, adjusted for one-time gains and costs, were 12 cents per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 10 cents per share.
The company posted revenue of $37.6 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $34.3 million.
Repay expects full-year revenue in the range of $148 million to $153 million.
Repay shares have risen 81% since the beginning of the year. In the final minutes of trading on Monday, shares hit $26.49, more than doubling in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RPAY at https://www.zacks.com/ap/RPAY
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