Paysign, Inc. ($PAYS) 3Q20 Earnings Preview

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Paysign, Inc. (NASDAQ:PAYS) is reporting third quarter financial results on Tuesday 17th November 2020, after market close.

According to analysts surveyed by Thomson Reuters, PAYS is expected to report 3Q20 income of $ 0.02 per share from revenue of $ 7.30 million.

For the full year, analysts anticipate top line of $ 34.14 million, while looking forward to income of $ 0.11 per share bottom line.

Stock Performance

Shares of Paysign, Inc. traded up $ 0.30 or 5.51 percent on Monday, reaching $ 5.74 with volume of 311.50 thousand shares. Paysign, Inc. has traded high as $ 5.74 and has cracked $ 5.50 on the downward trend

According to the previous trading day, closing price of $ 5.74, representing a 49.86 % increase from the 52 week low of $ 3.63 and a 50.46 % decrease over the 52 week high of $ 10.98.

The company has a market capital of $ 287.08 million and is part of the Industrials sector and Business Services industry.

Conference Call

Paysign, Inc. will be hosting a conference call at 5:00 PM eastern time on 17th November 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, 877.407.2988 (United States) or 201.389.0923 (International) in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.paysign.com

PaySign, Inc. provides prepaid card programs and processing services under the PaySign brand to corporations, government agencies, universities, and other organizations. The company offers various services, including transaction processing, cardholder enrollment, value loading, cardholder account management, reporting, and customer service through PaySign, a proprietary card-processing platform.