Repay Hldgs Corp Stock Price, News & Analysis

Repay Holdings Corporation (NASDAQ: RPAY) announced it will host a conference call on March 1, 2023, at 5:00 PM ET to discuss its fourth quarter and full year 2022 financial results. A press release with the financial results will be issued after market close on the same day. Investors can access the call via the Company's investor relations website or by phone. A replay will be available two hours post-call until March 8, 2023. REPAY specializes in vertically-integrated payment solutions, simplifying electronic payments for clients and enhancing experiences for consumers and businesses.

Repay Holdings Corporation (NASDAQ: RPAY) has announced a collaboration with HelloGM to provide integrated accounts payable solutions for the hospitality sector. This partnership enables hospitality operators to streamline vendor payments across multiple properties, reducing reliance on manual check processing and associated fraud risks. The integration features enhanced payment automation through HelloGM's new Accounts Payable option, which aims to optimize operational efficiency and save resources. HelloGM's analytics platform processes substantial transaction data, further emphasizing the strategic value of this alliance for both companies.

Repay Holdings Corporation (NASDAQ: RPAY) has partnered with Shepherd Center, a not-for-profit hospital in Atlanta, to implement its accounts payable automation and vendor payment solution. The collaboration aims to enhance operational efficiency, simplify vendor payments, and save time through a robust payments platform. Shepherd Center anticipates earning rebates via virtual card payments and improving the AP teams' experience. This partnership is expected to enable Shepherd Center to focus more on patient care while streamlining payment processes.

Repay Holdings Corporation (NASDAQ: RPAY) reported strong Q3 2022 results with a 20% year-over-year growth in gross profit at $54.9 million and revenue up 17% to $71.6 million. The company achieved a net income of $5.4 million, a significant turnaround from a net loss in the previous year. Card payment volume rose 15% year-over-year to $6.42 billion. REPAY reaffirms its full-year 2022 guidance, projecting revenues between $268 million and $286 million and gross profit of $204 million to $216 million. CEO John Morris highlighted ongoing trends towards digital payments as key growth drivers.

Repay Holdings Corporation (NASDAQ: RPAY) will participate in three upcoming investor conferences. On November 15, 2022, CEO John Morris and CFO Tim Murphy will engage in a fireside chat at the Citi 2022 Global FinTech Conference in New York, beginning at 1:15pm ET. The following day, they will speak at the Stephens Annual Investment Conference in Nashville at 3:00pm CT (4:00pm ET). Finally, on November 30, they will join the Credit Suisse 26th Annual Technology Conference in Scottsdale at 1:00pm MT (3:00pm ET). Webcasts of the discussions will be available on the Company's investor relations website.

Repay Holdings Corporation (NASDAQ: RPAY) will host a conference call on November 9, 2022, at 5:00 PM ET, to discuss its third-quarter 2022 financial results. The call will feature CEO John Morris and CFO Tim Murphy. A press release detailing the financial results will be issued after the market closes on the same day. Investors can access the call via the company's investor relations website or by phone. A replay will be available shortly after the call.

Repay Holdings Corporation (NASDAQ: RPAY) has entered an exclusive partnership with SpendMend to serve as its accounts payable solution provider for healthcare clients. This collaboration aims to enhance operational efficiency by automating accounts payable disbursements, reducing reliance on paper processes, and increasing financial control and transparency. The partnership is focused on delivering advanced payment solutions that streamline payment processes while improving cost efficiency for hospitals.

Repay Holdings Corporation (NASDAQ: RPAY) has appointed Erik Skinner as Senior Vice President and Mortgage Vertical Executive. Skinner, with extensive experience in the mortgage servicing industry, will enhance REPAY’s mortgage offerings through business development and strategic product development. Previously, he held key roles at Black Knight and Fifth Third Bank. Skinner emphasizes the need for digital transformation within the mortgage servicing sector, aiming to improve customer experience and operational efficiency.

Repay Holdings Corporation (NASDAQ: RPAY) has partnered with Jones Healthcare Group to modernize its payment systems in Canada and the U.S. This collaboration aims to enhance the payment experience for pharmacy customers, transitioning from a legacy payments architecture to a more integrated and efficient system. Customers will be able to self-serve and pay invoices online, allowing for automatic updates within Jones Healthcare Group’s ERP software. This move is expected to boost operational efficiencies and improve overall customer satisfaction.