NUVEI CORP. SUBVTGSHS

MONTREAL, July 25, 2023 (GLOBE NEWSWIRE) -- Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today announced it will release its second quarter 2023 financial results before market open on Wednesday, August 9, 2023. Management will host a conference call and webcast to discuss these results at 8:30 am ET that same day. Hosting the call will be Philip Fayer, Chair and CEO, and David Schwartz, CFO. » Mehr auf globenewswire.com

Montreal-based payment processor Nuvei reported Q1 revenues of $256.52mn, an 18.11% YoY increase, alongside a net income of -$9.78mn and a free cash flow of ~$53.97mn. Despite a 14.43% decrease in the TTM period, Nuvei's organic growth capabilities and inorganic growth strategy are expected to enable long-term price discovery and market outperformance. With this undervaluation and operational strength, alongside the accretive acquisition of Paya and a disciplined capital deployment strategy, I rate Nuvei a 'strong buy'. » Mehr auf seekingalpha.com

While nothing moves the world quite like digital innovation, at a certain point, even the most bulletproof enterprises require a cooling-off period, thus segueing to the topic of overvalued tech stocks to sell. To be 100% clear, this narrative does not center on shorting these market ideas. » Mehr auf investorplace.com