Shift4 Payments reported second-quarter revenue of $1.30 billion, beating analyst estimates by 4% and growing 34% year on year, but its full-year revenue guidance of $2.51 billion at the midpoint came in 50.8% below analysts' estimates. Adjusted earnings per share of $1.32 exceeded consensus by 6.8%, while adjusted EBITDA of $284 million topped estimates by 2.1%. The company lowered its full-year revenue guidance from $2.55 billion to $2.51 billion, citing a $25 million impact from Middle East travel disruptions and a $20 million foreign-exchange headwind. Management highlighted over 50% international growth and record technology investment, but cautioned that ongoing conflict and a conservative same-store-sales outlook will weigh on near-term results.
Shift4 Payments IncFull-year revenue guidance cut to $2.51B, well below estimates, despite Q2 beat.
