Shift4 Payments Q1 Adjusted Net Income, Revenue Rise; 2025 Revenue Guidance Lifted

MT Newswires Live
04-29

Shift4 Payments (FOUR) reported Q1 adjusted net income Tuesday of $1.07 per diluted share, up from $0.95 a year earlier.

Analysts polled by FactSet expected $0.67.

Revenue for the quarter ended March 31 was $368.5 million, up from $263.7 million a year earlier. Analysts surveyed by FactSet expected $353.8 million.

For Q2, the payment processing technology provider expects revenue of $405 million to $415 million. Analysts polled by FactSet expect $408.0 million.

For 2025, the company lifted its revenue guidance to $1.66 billion to $1.73 billion, from the previous $1.65 billion to $1.72 billion. Analysts polled by FactSet expect $1.69 billion.

Shares of the company were up more than 6% in recent premarket activity.

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