Nexi 1Q Earnings Rose; Backs 2022 View
May 12 2022 - 7:34AM
Dow Jones News
By Giulia Petroni
Nexi SpA on Thursday said that earnings and revenue rose in the
first quarter and backed full-year guidance.
The Italian payments company said quarterly earnings before
interest, taxes, depreciation and amortization came in at 307.5
million euros ($323.3 million) compared with EUR261.9 million a
year ago.
Revenue for the period increased to EUR712.6 million from
EUR665.2 million. Nexi's merchant services and solutions business
reported quarterly revenue of EUR369.2 million.
Total costs stood at EUR405.1 million in the quarter.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
May 12, 2022 07:19 ET (11:19 GMT)
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