Paysign, Inc. Provides Financial Guidance for the Second Quarter of 2024 and Maintains Financial Guidance for the Full Year of 2024
May 08, 2024 at 01:40 am IST
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PaySign, Inc. provides financial guidance for the second quarter of 2024 and maintains financial guidance for the full year of 2024. For the second quarter, the company expects total revenue to increase by approximately 27.5% over the second quarter of 2023 with pharma revenue accounting for approximately 18.0% of the total.
For the full-year, based on the first quarter financial results and financial expectations for the remainder of the year, the company is confirming the guidance it gave in March 2024, for total revenues to be in the range of $54.5 million to $56.7 million.
Paysign, Inc. is a vertically integrated provider of prepaid card products and processing services for corporate, consumer and government applications. The Companyâs payment solutions are utilized by its corporate customers as a means to increase customer loyalty, increase patient adherence rates, reduce administration costs and streamline operations. Public sector organizations can utilize its payment solutions to disburse public benefits or for internal payments. It markets its prepaid card solutions under its Paysign brand. It operates on a payments platform with cutting-edge fintech capabilities that can be seamlessly integrated with its clientsâ systems. This distinctive positioning allows it to provide end-to-end technologies that securely manage transaction processing, cardholder enrollment, value loading, account management, data and analytics, and customer service. Its suite of product offerings includes solutions for corporate rewards, prepaid gift cards and others.
PAYSIGN, INC. 
