Pushpay lifts annual earnings guidance; shares rise

Wed, 19 Jun 2019

By Rebecca Howard June 19 (BusinessDesk) - Digital church collection payment operator Pushpay Holdings lifted its guidance for annual earnings and total processing volumes after a positive start to the financial year. It now expects earnings before interest, tax, amortisation and fair value adjustments to be between US$18.5 million and US$20.5 million in the year ending March 31, 2020, versus a prior forecast of US$17.5 million and US$19.5 million. It lifted expected total processing volume to between US$4.8 billion and US$5.0 billion f...

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