NYSE:FOURDiversified Financial
Shift4 Payments (FOUR) Stock Faces Profit Scrutiny After Growth Stays Strong
Shift4 Payments stock slipped about 5% to US$41.26 after its Q2 print, which may surprise anyone who bought into the long term growth story in payments for the experience economy. The headline is not weak demand. Gross revenue reached about US$1.30b and gross revenue less network fees, a core payments yardstick, came in at US$624m with a 46% adjusted EBITDA margin and US$284m of adjusted EBITDA.
The gap to watch is not growth but profitability quality and valuation, especially with a trailing...