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@ Layer3.news
2025-06-09 14:12:37
nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgr8g2hyzql5lt4cxfjdj40hgtu6vydvsqvsesqy8canygcce3lwvyyapkyy
WHY SEZZLE STOCK SOARED A SIZZLING 107% IN MAY
https://s.yimg.com/ny/api/res/1.2/oADwUKm47ovo68I.x1YW9A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/motleyfool.com/29c44fa9bf59bd6691ab9ef2271d7cff
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✍️ Sezzle, a buy now, pay later company, reported strong first-quarter results, with revenue more than doubling and net income more than quadrupling. The company's stock skyrocketed 106.7% in May.
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👉 Sezzle's revenue more than doubled in the first quarter
👉 Net income more than quadrupled in the first quarter
👉 Gross merchandise volume increased 64.1%
👉 Transaction costs declined from 4.3% to 3.8% of GMV
👉 Credit performance improved, enabling better payment processing strategies
👉 Sezzle raised its 2025 guidance, expecting 60-65% revenue growth
👉 The company is beta testing its Pay-in-5 offering and launched enhanced shopping tools
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#MattDiLallo #business
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