Adyen First Half 2024 Earnings: EPS Beats Expectations

Adyen (AMS:ADYEN) First Half 2024 Results

Key Financial Results

• Revenue: €924.0m (up 25% from 1H 2023).
• Net income: €409.6m (up 45% from 1H 2023).
• Profit margin: 44% (up from 38% in 1H 2023). The increase in margin was driven by higher revenue.
• EPS: €13.19 (up from €9.10 in 1H 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Adyen EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.7%.

Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 18% decline forecast for the Diversified Financial industry in Europe.

Performance of the market in the Netherlands.

The company's shares are up 20% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for Adyen that you need to take into consideration.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.