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ADYEN Adyen NV

1,481.40
-8.20 (-0.55%)
Last Updated: 11:33:22
Delayed by 15 minutes
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

Adyen 1st Half Revenue Beat Consensus on Process Volume Growth

18/08/2022 7:21am

Dow Jones News


Adyen NV (EU:ADYEN)
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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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