Accelerated Financial Results
Paysafe delivered 6% organic revenue growth, 7% adjusted EBITDA growth, and 37% adjusted EPS growth in the third quarter.
Strong Regional Performance
North America grew 8% and Europe also grew 8% normalized for FX. Latin America normalized growth rate expected at 10% in Q4.
Significant Client Wins
New agreements with BetMGM in Ontario, expanded partnership with Underdog in 16 states, and new agreements with international iGaming operators.
Growth in E-commerce
Growth in e-commerce exceeded 20% in Q3, driven by iGaming growth of more than 50%.
Share Repurchase Program
Returned $20 million to shareholders by repurchasing 1.5 million shares in Q3, with an additional $70 million authorized for the program.