Repay Holdings Corporation RPAY Soars 16.09% on Strong Q3 Earnings

Generated by AI AgentAinvest Movers Radar
Tuesday, Apr 8, 2025 7:24 am ET1min read
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Repay Holdings Corporation (RPAY) surged 16.09% in pre-market trading on April 8, 2025, marking a significant rise in its stock price.

Repay Holdings Corp reported a strong Q3 performance with a 67% increase in business payments gross profit, despite challenges in the consumer payments sector. This robust financial performance is likely a key driver behind the recent surge in the company's stock price.

In recent trading, Repay HoldingsRPAY-- Co. saw its share price hit a new 52-week low, which could indicate investor caution or market volatility. However, the company's strong Q3 performance suggests that this low may be temporary.

Repay Holdings has a net cash position of $318.99 million, with $189.53 million in cash and marketable securities and $508.51 million in debt. This financial stability is crucial for the company's long-term growth and investor confidence.

Blair William & Co. IL decreased its position in Repay Holdings Co. by 26.3% in the fourth quarter, which could be a sign of shifting investment strategies or market conditions. However, Sei Investments Co. increased its holdings in Repay, indicating continued investor interest in the company.

Repay Holdings Corporation operates in the technology sector, specifically in the software infrastructure industry. The company's market capitalization is approximately $453.76 million, reflecting its position in the payments technology market.

In the fourth quarter of 2024, Repay Holdings Corporation reported a free cash flow of $1.00, with a decrease in free cash flow for the fiscal year and an operating cash flow of $0.05. These financial metrics provide insights into the company's operational efficiency and liquidity.

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