Repay Holdings Starts Strategic Review

Dow Jones

2025/03/04

By Katherine Hamilton

Repay Holdings has begun a strategic review to consider options including a merger, sale or privatization.

The payment technology platform said Monday it is aiming to improve value for shareholders. It hasn't set a deadline for when the review will be completed and doesn't intend to comment further or provide updates until the review is done.

In the fourth quarter, Repay's revenue edged up 3% to $78.3 million, below analysts' expectations of $82.3 million. Profit increased 2% to $23.2 million, in line with estimates.

Revenue from consumer payments fell 7% to $76.5 million.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

March 03, 2025 16:50 ET (21:50 GMT)

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It hasn't set a deadline for when the review will be completed and doesn't intend to comment further or provide updates until the review is done. \n\n\n  In the fourth quarter, Repay's revenue edged up 3% to $78.3 million, below analysts' expectations of $82.3 million. Profit increased 2% to $23.2 million, in line with estimates. \n\n\n  Revenue from consumer payments fell 7% to $76.5 million. \n\n\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 03, 2025 16:50 ET (21:50 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}