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Recap: FlexShopper Q3 Earnings

Benzinga Insights
·1 min read

Shares of FlexShopper (NASDAQ:FPAY) were flat in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share fell 150.00% over the past year to ($0.02), which missed the estimate of $0.01.

Revenue of $24,570,000 rose by 7.14% from the same period last year, which beat the estimate of $22,560,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

View more earnings on FPAY

FlexShopper hasn't issued any revenue guidance for the time being.

Recent Stock Performance

Company's 52-week high was at $3.22

Company's 52-week low was at $0.95

Price action over last quarter: Up 6.71%

Company Profile

FlexShopper Inc operates as a holding company in the United States, is engaged in providing certain types of durable goods to consumers on a lease-to-own basis and providing lease-to-own (LTO) terms to consumers of third-party retailers and e-tailers. Its products include electronics, computers, furniture, mattresses, cameras and camcorders, audio, musical instruments, health, fitness and sports, video games, homes, garden and tools, appliances and vacuums on a payment, lease basis. The firm generates a majority of its revenue by leasing its products.

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