Nayax Swings to Q3 Net Income, Revenue Increases; 2024 Revenue Guidance Lowered

MT Newswires Live

2024/11/12

Nayax (NYAX) reported Q3 net income Tuesday of $0.019 per share, swinging from a loss of $0.093 a year earlier.

Three analysts polled by Capital IQ expected no earnings.

Revenue for the quarter ended Sept. 30 was $83.0 million, up from $63.3 million a year earlier.

Analysts surveyed by Capital IQ expected $87.9 million.

For 2024, the company lowered its revenue guidance to $315 million to $320 million, from $325 million to $335 million previously. Analysts polled by Capital IQ expect $327.1 million.

Nayax shares were 2.7% lower in recent premarket trading.

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