FlexShopper (FPAY) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
FlexShopper is undergoing a capital structure transformation, aiming to repurchase preferred stock at a discount through a complex rights offering to benefit common shareholders. FPAY trades at around 6x EV/EBITDA, with potential upside if it can reduce high-cost debt and improve cash generation. The rights offering could raise $25M-$100M, significantly improving FlexShopper's balance sheet and allowing for better debt terms and lower interest expenses.
FlexShopper, Inc. (NASDAQ:FPAY ) Q3 2024 Earnings Conference Call November 14, 2024 8:30 AM ET Company Participants Andrew Berger - Investor Relations Russ Heiser - Chief Executive Officer John Davis - Chief Operating Officer Conference Call Participants Scott Buck - H.C. Wainwright Michael Diana - Maxim Group Steve Silver - Argus Research Operator Ladies and gentlemen, good morning, and welcome to the FlexShopper, Inc. Third Quarter Earnings Conference Call.
FlexShopper Inc. (FPAY) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to loss of $0.01 per share a year ago.
FlexShopper, Inc. (NASDAQ:FPAY ) Q2 2024 Earnings Conference Call August 7, 2024 8:30 AM ET Company Participants Carlos Sanchez - Investor Relations Russell Heiser - Chief Executive Officer John Davis - Chief Operating Officer Conference Call Participants Scott Buck - H.C. Wainwright Michael Diana - Maxim Group Operator Thank you for standing by.
FlexShopper Inc. (FPAY) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to loss of $0.22 per share a year ago.