Paysafe Stock Spikes As PSFE Beats Q1 Estimates, Reaffirms 2026 Outlook
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Paysafe (NYSE: PSFE) shares surged 9.32% in premarket trading after beating Q1 earnings and revenue estimates. The company reported earnings of 41 cents per share and revenue of $442.7 million, exceeding analyst expectations. CEO Bruce Lowthers attributed growth to Latin America expansion and Super Bowl momentum. Paysafe reaffirmed its 2026 guidance, expecting sales between $1.79 billion and $1.83 billion. The company also reduced its net debt to $2.2 billion and aims to lower its net leverage ratio below 5 times by year-end.
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