Welcome to our dedicated page for Shift4 Payments news (Ticker: FOUR), a resource for investors and traders seeking the latest updates and insights on Shift4 Payments stock.
Shift4 Payments, Inc. (NYSE: FOUR) generates a steady flow of news related to payments technology, capital markets activity, acquisitions, and major commercial partnerships. The company describes itself as a leader in integrated payments and commerce technology, powering billions of transactions annually for hundreds of thousands of businesses in virtually every industry. Its news coverage reflects both operational developments and strategic initiatives that shape its role in global commerce.
Visitors to this page can review updates on Shift4’s financial performance, including quarterly results released via shareholder letters and earnings press releases that are furnished on Form 8-K. These announcements are often accompanied by conference calls and webcasts where management discusses operating trends and responds to investor questions.
Shift4’s news also highlights its role in sports, entertainment, and hospitality. Recent releases have detailed partnerships with professional sports teams and venue operators, such as agreements to power food and beverage concessions payments at Canadian Tire Centre for the Ottawa Senators and at Paycor Stadium for the Cincinnati Bengals. A multi-year partnership with Liberty Sports Group and Front Row Hospitality shows how Shift4’s SkyTab Venue technology and payments platform support integrated point-of-sale, guest experience, merchandising, retail, and e-commerce operations across live experience properties.
In addition, Shift4 issues news on financing and corporate actions, including tack-on offerings of 5.500% senior notes due 2033, amendments to credit agreements, and the issuance and dividend declarations for its 6.00% Series A Mandatory Convertible Preferred Stock. Announcements about acquisitions and contemplated transactions, such as the completed acquisition of Global Blue Group Holding AG and exclusive negotiations to acquire Bambora North America, provide insight into the company’s expansion strategy.
For investors and observers, this news feed offers a centralized view of Shift4’s latest disclosures on partnerships, technology offerings, capital structure, and strategic transactions related to the FOUR stock.
Shift4 Payments (NYSE: FOUR) will release its Q2 2021 financial results on August 5, 2021, before market open. Management will hold a conference call at 8:30 am ET on the same day to discuss the results. The call can be accessed through registration, and a confirmation email will provide dial-in details. Shift4 Payments is a leader in integrated payment solutions, processing over $200 billion in payments volume for more than 200,000 businesses in 2019.
Shift4 Payments (NYSE: FOUR) announced an upsize in its offering of 0.50% convertible senior notes, raising the total to $550 million from the initial $500 million. The notes will mature on August 1, 2027, with an interest rate of 0.50%, payable semi-annually. The conversion price is set at approximately $122.66 per share, representing a 42.5% premium over previous offerings. Shift4 will utilize the proceeds for general corporate purposes, including potential acquisitions. Notably, the company will not pursue a previously announced public stock offering.
Shift4 Payments (NYSE: FOUR) announced a public offering of 1,791,818 shares of its Class A common stock alongside a secondary offering of 5,208,182 shares from selling stockholders. Additionally, Shift4 intends to grant underwriters a 30-day option to purchase up to 1,050,000 shares. The net proceeds from the primary offering will be used to purchase LLC interests for general corporate purposes, including potential acquisitions. Concurrently, the company is offering $500 million of convertible senior notes, not contingent upon the stock offerings.
Shift4 Payments (NYSE: FOUR) plans to offer $500 million in convertible senior notes due 2027, with a potential additional $75 million. The Notes will be unsecured, accruing semi-annual interest, and convertible under certain conditions. Shift4 aims to use the proceeds for general corporate purposes, including acquisitions. Concurrently, approximately 1.79 million shares of Class A common stock will be offered, along with 5.21 million shares by Searchlight Capital Partners. Notably, these offerings are not contingent on each other.
Shift4 Payments (NYSE: FOUR) reported preliminary financial results for Q2 2021, estimating an End-to-End Payment Volume of $11.78 billion to $11.82 billion and Gross Revenue of $345 million to $350 million. The company anticipates Net Income between $3.5 million to $4.5 million and Adjusted EBITDA of $43 million to $45 million. These figures are preliminary and subject to change pending final accounting procedures. Shift4 continues to deliver integrated payment solutions across various industries, having processed over $200 billion in payment volume for 200,000+ businesses in 2019.
Shift4 Payments (NYSE: FOUR) achieved a historic milestone by surpassing $1 billion in weekly end-to-end payment processing volume for the first time. CEO Jared Isaacman highlighted that this represents a compound annual growth rate of over 26% since 2004. The company, which has successfully adapted during economic cycles, plans to transition its Shift4Cares initiative into a comprehensive corporate social responsibility program. This development comes as most of Shift4's merchant base recovers from the pandemic.
Shift4 Payments (NYSE: FOUR) has been named the preferred payments provider for BetMGM, enhancing online gaming and sports betting transactions via its secure, integrated payment solutions. Shift4's end-to-end processing technology, featuring PCI-validated encryption and advanced tokenization, is designed to provide a superior customer experience. CEO Jared Isaacman highlighted that the partnership will capitalize on Shift4's existing expertise in the casino sector, which already services half of Las Vegas Strip casinos. This collaboration aims to position Shift4 aggressively in the growing online gaming market.
Shift4 Payments (NYSE: FOUR) announced that Jared Isaacman, CEO, Brad Herring, CFO, and Taylor Lauber, CSO, will participate in a fireside chat at the RBC Financial Technology Conference on June 17, 2021, at 2:40 PM Eastern. The management team will also be available for one-on-one and small group meetings. Interested parties can access a live webcast of the chat via the Events & Presentations section of Shift4 Payments’ Investor Relations website or through a provided link.
Tao Group Hospitality has partnered with Shift4 Payments to enhance payment processing across its U.S. venues, including notable locations in New York, Las Vegas, Chicago, and Los Angeles. This collaboration will implement Shift4's secure, integrated payment solutions and the latest contactless payment technology, ensuring operational efficiency and improved guest experiences. Shift4 Payments (NYSE: FOUR) is recognized for its comprehensive payment solutions, supporting various industries and processing over 3.5 billion transactions annually.
Shift4 Payments (NYSE: FOUR) has released its 1Q 2021 financial results, showcasing its position as a leader in integrated payment processing solutions. The company has reported significant operational achievements and outlined plans for growth moving forward. For detailed results, interested parties can view the shareholder letter on the Investor Relations website. A conference call is scheduled for May 6, 2021, at 8:30 am ET to discuss these results. Shift4 processed over 3.5 billion transactions in 2019, supporting over 200,000 businesses.
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