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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Adyen NV | EU:ADYEN | Euronext | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-8.20 | -0.55% | 1,481.40 | 1,481.40 | 1,482.00 | 1,506.20 | 1,478.80 | 1,489.20 | 11,454 | 11:33:22 |
By Kyle Morris
Adyen NV said Thursday that first-half total revenue beat consensus, as processed volume grew driven by strong customer relationships.
The Dutch payments company said it posted a net profit of 282.1 million euros ($287.1 million) in the period, compared with EUR204.8 million a year earlier.
Earnings before interest, taxes, depreciation and amortization were EUR356.3 million, compared with EUR272.7 million. The Ebitda margin was 59%, it said.
Total revenue was EUR3.95 billion, compared with EUR2.55 billion a year earlier, the company said. Revenue had been forecast at EUR3.77 billion, according to a consensus of five estimates provided by FactSet.
Adyen said it processed payments valued at EUR345.8 billion, up 60% on year.
Write to Kyle Morris at kyle.morris@dowjones.com
(END) Dow Jones Newswires
August 18, 2022 02:06 ET (06:06 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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