PaySign, Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2024
March 26, 2024 at 05:15 pm EDT
Share
PaySign, Inc. provided earnings guidance for the first quarter and full year of 2024. For the full-year 2024, the company expects total revenues to be in the range of $54.5 million to $56.7 million, reflecting year-over-year growth of 15% to 20%, with plasma making up between 80% to 85% of total revenue. Net income to be in the range of $2.0 million to $3.0 million, or $0.04 to $0.06 per diluted share.
For the first quarter of 2024, The company expects total revenue to be in the range of $12.0 million to $13.0 million.
Paysign, Inc. is a vertically integrated provider of prepaid card products and processing services for corporate, consumer and government applications. The Companyâs payment solutions are utilized by its corporate customers as a means to increase customer loyalty, increase patient adherence rates, reduce administration costs and streamline operations. Public sector organizations can utilize its payment solutions to disburse public benefits or for internal payments. It markets its prepaid card solutions under its Paysign brand. It operates on a payments platform with cutting-edge fintech capabilities that can be seamlessly integrated with its clientsâ systems. This distinctive positioning allows it to provide end-to-end technologies that securely manage transaction processing, cardholder enrollment, value loading, account management, data and analytics, and customer service. Its suite of product offerings includes solutions for corporate rewards, prepaid gift cards and others.
PAYSIGN, INC. 
