Shares of Sezzle Inc (NASDAQ:SEZL) surged 36.49% in after-hours trading on Wednesday, following the release of the company's impressive first-quarter 2025 results and robust forward guidance.
The buy-now-pay-later fintech company reported quarterly earnings of $1.00 per share, shattering the analyst consensus estimate of $0.20 by an astounding 400%. This represents a 354.55% increase from the $0.22 per share reported in the same period last year. Sezzle's quarterly sales also exceeded expectations, coming in at $104.90 million, beating the analyst consensus estimate of $64.75 million by 62.01%. The sales figure marks a 123.29% year-over-year increase from $46.98 million.
Adding to the positive sentiment, Sezzle provided an optimistic outlook for fiscal year 2025. The company projects total revenue growth of 60-65% and expects adjusted net income per diluted share to reach $3.25. This forward-looking guidance, coupled with the strong quarterly performance, likely fueled investor enthusiasm and contributed to the significant after-hours stock price surge.