Q1 2024 Earnings Call Financial Results

HENDERSON, Nev. – November 7, 2023 – (ACCESSWIRE) – Paysign, Inc. (NASDAQ: PAYS), a leading provider of prepaid card programs, comprehensive patient affordability offerings, digital banking services, and integrated payment processing, today announced financial results for the third quarter 2023.

“In the third quarter, we delivered strong top and bottom-line growth, with a 17% increase in revenue year-over-year and a 29% improvement in net income. Growth is evident across all business segments, and we maintain a strong pipeline in every area,” commented CEO Mark Newcomer. “Our plasma business expanded due to higher donor rates at our existing centers and the addition of new centers. The patient affordability segment continues to see substantial revenue growth, as our target audience increasingly views our products as game-changing alternatives to existing options. At Paysign, we are committed to driving sustainable growth and maximizing shareholder value by introducing groundbreaking fintech solutions to the healthcare sector and beyond.”

Click here for the full earnings release.