Psq Posts 18 Percent Revenue Gain
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Psq (NYSE:PSQH), a digital commerce and financial technology company targeting values-driven consumers and merchants, reported second quarter results on August 12, 2025, for the period ended June 30, 2025. The quarter’s most important news was a strategic shift: Psq announced plans to exit its Marketplace and Brands businesses, sharpening its focus on Financial Technology solutions like payments and credit. GAAP revenue was $7.1 million, up 18% from the prior-year quarter (GAAP) but fell short of the $9.137 million GAAP analyst expectation. Net loss per common share, basic and diluted, narrowed to $(0.18) from $(0.36) a year ago but was below the $(0.13) GAAP consensus. Overall, while operational efficiency improved and progress was noted in payments, the results (GAAP) missed estimates, and strategic changes have left near-term financial visibility uncertain. Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report. Psq is a digital marketplace and Financial Technology platform focused on serving values-driven consumers and small businesses. Its primary business has included a Marketplace segment for merchant and product listings, a Financial Technology segment offering payment and credit solutions, and Brands such as EveryLife, which provides consumer products like diapers and wipes.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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