An announcement from Repay Holdings ( (RPAY) ) is now available.
REPAY Holdings Corporation reported a 9% growth in gross profit for Q3 2024, highlighting robust performance in its Business Payments segment with a 67% year-over-year increase. The company also achieved significant free cash flow conversion, reflecting a 250% rise and reinforced by strategic software partnerships and an expanded AP supplier network. These results underscore REPAY’s focus on capturing embedded payment flows and driving sustainable growth, offering an optimistic outlook in the financial markets.
For a thorough assessment of RPAY stock, go to TipRanks’ Stock Analysis page.
Trending Articles
- M&A News: Paramount’s (NASDAQ:PARA) Merger with Skydance May Get Delayed
- Ford (NYSE:F) Cuts Hours At German EV Plant
- Did Intel (NASDAQ:INTC) Win the “Server Recession?”
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.