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ADYEN Adyen NV

1,128.80
-1.40 (-0.12%)
03 May 2024 - Closed
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
  -1.40 -0.12% 1,128.80 1,118.00 1,130.20 1,128.80 1,090.40 1,117.40 112,393 02:00:57

Adyen Net Revenue Rose in 3Q

28/10/2020 5:49pm

Dow Jones News


Adyen NV (EU:ADYEN)
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From May 2019 to May 2024

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By Adriano Marchese

 

Adyen NV said Wednesday that net revenue rose in the third quarter year-on-year, benefiting from higher processed volume.

The Dutch payments company said processed volume rose 26% to 77 billion euros ($90.98 billion) in the quarter, driving up net revenue to EUR169.4 million. This is a rise of 25% year-on-year, the company said.

Earnings before interest, taxes, depreciation and amortization also rose significantly to EUR101.2 million, or 24%, while Ebitda margin was 60%.

"We feel it's appropriate to also provide more color around the evolution of volumes for the third quarter, with some regions now back-to-business and others still experiencing stricter measures," Chief Executive Ingo Uytdehaage said.

 

Write to Adriano Marchese at adriano.marchese@wsj.com

 

(END) Dow Jones Newswires

October 28, 2020 13:34 ET (17:34 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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