First Quarter 2024 Financial Highlights
(Metrics compared to first quarter of 2023, unless otherwise noted)
- Revenue of $417.7 million, increased 8%; increased 7% on a constant currency basis
- Total Payment Volume of $36.1 billion, increased 7%
- Net income of $3.1 million, or $0.05 per diluted share, compared to net loss of $3.8 million, or ($0.06) per diluted share
- Adjusted net income of $35.3 million, or $0.57 per diluted share, compared to $33.1 million, or $0.54 per diluted share
- Adjusted EBITDA of $111.9 million, increased 4%; increased 3% on a constant currency basis
- Net leverage1 decreased to 4.9x as of March 31, 2024, compared to 5.0x as of December 31, 2023
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