Adyen Transaction Volumes Slow as Revenues Climb 21%
Payments platform Adyen shared third-quarter earnings results Thursday (Nov. 7) showing that revenues climbed 21%, although slowing transaction volumes reportedly worried investors. “Our growth continues to be driven by longstanding underlying trends, including wallet share expansion, further diversification in our merchant mix and winning new business,” the Dutch company said in a business update Thursday.
Payments giant Adyen reports 21% jump in third-quarter sales
Adyen, whose technology allows businesses to accept payments online and in-store, reported third-quarter net revenue of 498.3 million, up 21% year-on-year. It comes after Adyen shares tanked nearly 40% in a single day last August on the back of worse-than-expected sales and declining profits.
Adyen posts Q3 revenue boost helped by further diversification
Dutch payments company Adyen reported on Thursday a EBX20% growth in quarterly net revenue, helped by further diversification in its merchant mix and wallet share expansion, a metric used by payments processors to measure their ability to pick up consumer spending.
Adyen co-founder's new firm Tebi raises $22 mln to expand
The co-founder of payments giant Adyen has begun scaling up his new business software firm Tebi, securing a 20 million euro ($22 million) investment from Index Ventures.
Is Adyen (ADYEY) Stock Outpacing Its Business Services Peers This Year?
Here is how Adyen N.V. Unsponsored ADR (ADYEY) and Distribution Solutions Group (DSGR) have performed compared to their sector so far this year.
Klarna partners with fellow fintech Adyen to bring buy now, pay later into physical stores
Klarna said Thursday that it had entered into an agreement with Adyen to add its buy now, pay later (BNPL) products to physical payment terminals. Klarna will be included as an option across more than 450,000 Adyen payment terminals in brick-and-mortar locations as a result of the deal.
Are You Looking for a Top Momentum Pick? Why Adyen N.V.
Does Adyen N.V. Unsponsored ADR (ADYEY) have what it takes to be a top stock pick for momentum investors?
What Makes Adyen (ADYEY) a New Buy Stock
Adyen (ADYEY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Are Business Services Stocks Lagging Adyen (ADYEY) This Year?
Here is how Adyen N.V. Unsponsored ADR (ADYEY) and Cellebrite DI Ltd.
Adyen: A High-Quality Company With Potential Upside Through 2025
Adyen reassured investors when its 1H24 earnings results were better than expected, showing strong growth from North America and EMEA regions. The near-term and medium-term guidance were all reiterated, with management sounding confident in being able to achieve them. The company continues to gain share by winning new customers and expanding with existing customers.
Adyen Sees POS Volumes Surge 32% and Growing Omnichannel Demand
Adyen posted first-half results that showed continued momentum in omnichannel commerce, particularly among clients expanding globally into new regions, and where platforms and localized payment methods are seeing strength and popularity.
Adyen N.V. (ADYEY) H1 2024 Earnings Call Transcript
Adyen N.V. (OTCPK:ADYEY) H1 2024 Earnings Conference Call August 15, 2024 9:00 AM ET Company Participants Josh Masser - Head, Investor Relations Ingo Uytdehaage - Co-Chief Executive Officer Ethan Tandowsky - Chief Financial Officer Conference Call Participants Harshita Rawat - Bernstein Justin Forsyth - UBS Adam Wood - Morgan Stanley Mohammed Moawalla - Goldman Sachs Hannes Leitner - Jefferies Fred Boulan - Bank of America Sandeep Deshpande - JPMorgan Josh Levin - Autonomous Alex Faure - Exane Darrin Peller - Wolfe Pavan Daswani - Citi Orson Rout - Barclays Andrew Bell - Wells Fargo Sanjay Sakhrani - KBW Brian Bergen - TD Cowen James Freeman - SIG Craig Mauer - FT Partners Josh Masser Good afternoon, everyone. And welcome to Adyen's H1 2024 Earnings Call.
