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Sezzle Inc. - $SEZL STOCK NEWS

Welcome to our dedicated page for Sezzle news (Ticker: $SEZL), a resource for investors and traders seeking the latest updates and insights on Sezzle stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Sezzle's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Sezzle's position in the market.

Rhea-AI Summary

Sezzle Inc. (NASDAQ: SEZL) reports strong financial results for the first quarter of 2024, with GAAP Net Income exceeding 2023's total. The company's focus on profitable growth led to a YoY increase in Underlying Merchant Sales, Total Income, and Operating Income. Sezzle raised FY2024 GAAP Net Income guidance from $20.0 million to $30.0 million. The company also announced a new $150.0 million receivables funding facility and updated guidance for FY2024. Sezzle continues to prioritize equity capital management and shareholder returns.

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End-of-Day
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Rhea-AI Summary

Sezzle Inc. (NASDAQ: SEZL) introduces Payment Streaks, a loyalty program rewarding users for on-time payments, gamifying financial responsibility. Users ascend loyalty tiers by making timely payments, emphasizing Sezzle's commitment to customer experience and financial wellness. The program incentivizes responsible payment behaviors through gamification, offering benefits like monthly giveaways and referral bonuses. Payment Streaks are available to U.S. shoppers on the Sezzle app, with plans for expansion to Canada.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.94%
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Rhea-AI Summary
Sezzle Inc. announces a new $150 million receivables funding facility with Bastion Management II , lowering interest costs and upsizing availability. The facility will have an interest rate of SOFR plus 6.75%, compared to the previous facility's rate of SOFR plus 11.50%, providing resources for growth in the US and Canadian markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.78%
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Rhea-AI Summary
Sezzle Inc. (NASDAQ:SEZL) announces its participation in upcoming investor conferences, including Needham's 19th Annual Technology, Media, & Consumer Conference, B. Riley Securities' 24th Annual Institutional Investor Conference, and the Northland Growth Conference 2024.
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Rhea-AI Sentiment
End-of-Day
6.93%
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conferences
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Sezzle Inc. (NASDAQ:SEZL) will announce its Q1 2024 results on May 08, 2024, followed by a conference call at 5:00pm ET. Investors can register for the call and submit questions in advance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.22%
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Rhea-AI Summary
Sezzle Inc. (SEZL) reports strong financial performance for Q4 2023 and full year 2023, with record highs in Underlying Merchant Sales and Total Income. The company achieved profitability for the sixth consecutive quarter and plans to double Net Income in 2024. Sezzle's GAAP Net Income for Q4 2023 was $2.9 million, with $70.7 million cash on hand. Full year 2023 highlights include a $45.2 million turnaround in Net Income compared to FY22, with a 4.6% increase in UMS reaching $1.8 billion. The company's Non-GAAP Adjusted EBITDA rose to $30.0 million in FY23. Sezzle projects a Net Income of $20.0 million for FY24, with a 20% YoY Total Income growth.
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Rhea-AI Sentiment
End-of-Day
20%
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Rhea-AI Summary
Sezzle Inc. (NASDAQ:SEZL) will announce its fourth quarter and fiscal year 2023 results on February 26, 2024, followed by a conference call. Investors can register for the call and submit questions in advance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.64%
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Rhea-AI Summary
Sezzle Inc. (NASDAQ: SEZL, ASX: SZL) announces a stock repurchase program of up to US$5 million of its outstanding shares of common stock on the Nasdaq Capital Market. The repurchase program will commence no earlier than January 17, 2024, following the Company’s delisting from the ASX, and is expected to be completed over the following 12-month period thereafter. The program does not obligate the Company to acquire any particular amount of common stock and may be extended, suspended, or discontinued at any time at the Company’s discretion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
39.73%
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buyback management
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Sezzle Inc. (NASDAQ:SEZL, ASX:SZL) announces partnership with Sportsman’s Warehouse to offer flexible financing option for outdoor gear purchases during the holiday season. Customers can split purchases into four interest-free payments, build credit, and budget responsibly. Sezzle's installment payments will be available in-store and online at Sportsman's Warehouse, providing a quick and easy signup process and a secure shopping experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.96%
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partnership
Rhea-AI Summary
Sezzle Inc. (NASDAQ:SEZL, ASX:SZL) and Sportsman’s Warehouse partner to offer Sezzle’s alternative payment platform for outdoor sporting goods purchases just in time for the holidays. Customers can now make instant purchases and split their total into four interest-free payments, enhancing budget-friendly spending and a responsible way to pay. Sezzle's installment payments also provide the opportunity to build credit scores via Sezzle Up, a feature that reports payment history to credit bureaus. Key features include no interest or hidden fees, quick and easy signup, a responsible way to pay, and secure and reliable transactions.
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Rhea-AI Sentiment
End-of-Day
0.92%
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Sezzle Inc.

Nasdaq:SEZL

SEZL Rankings

SEZL Stock Data

253.39M
2.38M
60.54%
2.15%
0.71%
Credit Card Issuing
Finance and Insurance
Link
United States of America
MINNEAPOLIS