Repay Holdings: 4Q Earnings Snapshot

ATLANTA (AP) _ Repay Holdings Corporation (RPAY) on Monday reported a loss of $9.2 million in its fourth quarter.

On a per-share basis, the Atlanta-based company said it had a loss of 13 cents. Earnings, adjusted for non-recurring costs and amortization costs, were 17 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share.

The company posted revenue of $41.4 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $38.7 million.

For the year, the company reported a loss of $34.8 million, or 67 cents per share, swinging to a loss in the period. Revenue was reported as $155 million.

Repay Holdings expects full-year revenue in the range of $178 million to $188 million.

Repay Holdings shares have declined 17% since the beginning of the year. In the final minutes of trading on Monday, shares hit $22.63, a climb of 30% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RPAY at https://www.zacks.com/ap/RPAY