Stock Track | Sezzle Skyrockets 81% on Stellar Q3 Results and Raised Guidance

Stock Track11-09

Shares of Sezzle Inc (NASDAQ: SEZL), a leading digital payment platform, experienced a remarkable surge of 81.08% on November 8, 2024, driven by the company's impressive third-quarter financial results and raised full-year guidance.

Sezzle's Q3 2024 performance was nothing short of stellar. The company's Underlying Merchant Sales (UMS) jumped an impressive 40.6% year-over-year to $659.9 million, fueled by increased consumer engagement and higher purchase frequency. Total revenue soared 71.3% year-over-year to $70.0 million, reaching an all-time high of 10.6% of UMS.

The company's continued focus on operational efficiency and scaling paid off handsomely, leading to a significant improvement in profitability. Operating income skyrocketed 289.6% year-over-year to $20.8 million, with an operating margin of 29.8%. Net income reached an impressive $15.4 million, or $2.62 per diluted share, representing a substantial increase from $0.23 in Q3 2023. Adjusted EBITDA stood at $22.5 million, or 32.2% of total revenue, reflecting a remarkable 13.7 percentage point gain from the prior year.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1193651448?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-09 05:09","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1193651448","market":"hk","top_or_hot":-1,"title":"Stock Track | Sezzle Skyrockets 81% on Stellar Q3 Results and Raised Guidance","media":"Stock Track","content":"<p>Shares of Sezzle Inc (NASDAQ: SEZL), a leading digital payment platform, experienced a remarkable surge of 81.08% on November 8, 2024, driven by the company's impressive third-quarter financial results and raised full-year guidance.</p>\n\n<p>Sezzle's Q3 2024 performance was nothing short of stellar. The company's Underlying Merchant Sales (UMS) jumped an impressive 40.6% year-over-year to $659.9 million, fueled by increased consumer engagement and higher purchase frequency. Total revenue soared 71.3% year-over-year to $70.0 million, reaching an all-time high of 10.6% of UMS.</p>\n\n<p>The company's continued focus on operational efficiency and scaling paid off handsomely, leading to a significant improvement in profitability. Operating income skyrocketed 289.6% year-over-year to $20.8 million, with an operating margin of 29.8%. Net income reached an impressive $15.4 million, or $2.62 per diluted share, representing a substantial increase from $0.23 in Q3 2023. Adjusted EBITDA stood at $22.5 million, or 32.2% of total revenue, reflecting a remarkable 13.7 percentage point gain from the prior year.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Sezzle Skyrockets 81% on Stellar Q3 Results and Raised Guidance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Sezzle Skyrockets 81% on Stellar Q3 Results and Raised Guidance\n</h2>\n\n<h4 class=\"meta\">\n\n2024-11-09 05:09 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of Sezzle Inc (NASDAQ: SEZL), a leading digital payment platform, experienced a remarkable surge of 81.08% on November 8, 2024, driven by the company's impressive third-quarter financial ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SEZL","symbol_name":"Sezzle Inc","start_time":0,"source_url":"","article_id":"1193651448","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1193651448","pubTimestamp":1731100168,"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Sezzle Inc , a leading digital payment platform, experienced a remarkable surge of 81.08% on November 8, 2024, driven by the company's impressive third-quarter financial results and raised full-year guidance.Sezzle's Q3 2024 performance was nothing short of stellar. The company's Underlying Merchant Sales  jumped an impressive 40.6% year-over-year to $659.9 million, fueled by increased consumer engagement and higher purchase frequency. Total revenue soared 71.3% year-over-year to $70.0","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SEZL":"Sezzle Inc"},"translate_title":"股票赛道Sezzle因出色的第三季度业绩和上调指引而飙升81%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SEZL":1},"content_text":"Shares of Sezzle Inc (NASDAQ: SEZL), a leading digital payment platform, experienced a remarkable surge of 81.08% on November 8, 2024, driven by the company's impressive third-quarter financial results and raised full-year guidance.\nSezzle's Q3 2024 performance was nothing short of stellar. The company's Underlying Merchant Sales (UMS) jumped an impressive 40.6% year-over-year to $659.9 million, fueled by increased consumer engagement and higher purchase frequency. Total revenue soared 71.3% year-over-year to $70.0 million, reaching an all-time high of 10.6% of UMS.\nThe company's continued focus on operational efficiency and scaling paid off handsomely, leading to a significant improvement in profitability. Operating income skyrocketed 289.6% year-over-year to $20.8 million, with an operating margin of 29.8%. Net income reached an impressive $15.4 million, or $2.62 per diluted share, representing a substantial increase from $0.23 in Q3 2023. Adjusted EBITDA stood at $22.5 million, or 32.2% of total revenue, reflecting a remarkable 13.7 percentage point gain from the prior year.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1193651448"}