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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 | |
---|---|---|---|---|---|---|---|---|---|---|
15.60 | 1.10% | 1,435.60 | 1,420.00 | 1,437.00 | 1,435.60 | 1,418.40 | 1,425.20 | 13,029 | 13:05:00 |
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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