Sezzle Inc's stock surged 15.51% in pre-market trading following the release of better-than-expected quarterly results and an optimistic outlook for the coming year.
The digital payment platform reported quarterly earnings of $1.21 per share, significantly beating analyst estimates of 96 cents, while revenue rose 32.2% to $129.87 million, also exceeding expectations. The company also raised its full-year 2026 adjusted net income guidance to $4.70 per share from $4.35 and introduced revenue growth guidance of 25% to 30%.
Additionally, Sezzle announced a new $100 million share repurchase program, reflecting management's confidence in the company's long-term value. Analyst sentiment also turned positive with B. Riley raising its price target on the stock to $99 from $76.
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