Paysign Inc., a leading provider of prepaid card programs and payment processing solutions, has released its financial results. The company reported a variation in Adjusted EBITDA, a non-GAAP measure, which excludes stock-based compensation charges. Paysign emphasizes that EBITDA and Adjusted EBITDA are not indicators of cash flows from operations or net income as defined by U.S. GAAP. The financial results also highlight the company's commitment to technology advancements aimed at reducing administrative costs, streamlining operations, and driving revenue for its customers. No specific figures regarding sales/revenues, net income/profit/loss, or earnings per share $(EPS)$ were disclosed in the document. The company also provides customized, scalable solutions with a strong focus on the healthcare industry. Paysign is headquartered in southern Nevada and has been in operation for over 20 years, partnering with major pharmaceutical and healthcare companies as well as multinational corporations.
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