ATLANTA (AP) _ Repay Holdings Corporation (RPAY) on Monday reported a loss of $15.8 million in its first quarter.
On a per-share basis, the Atlanta-based company said it had a loss of 21 cents. Earnings, adjusted for non-recurring costs and to extinguish debt, came to 18 cents per share.
The company posted revenue of $47.5 million in the period, exceeding Street forecasts. Three analysts surveyed by Zacks expected $43 million.
Repay Holdings expects full-year revenue in the range of $210 million to $220 million.
Repay Holdings shares have decreased 24% since the beginning of the year. In the final minutes of trading on Monday, shares hit $20.79, a rise of 16% 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
Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News