Pushpay meets FY18 guidance as revenue doubles, expects steady growth

Wed, 16 May 2018

By Sophie Boot May 17 (BusinessDesk) - Pushpay Holdings, the mobile payments app company, narrowed its net loss as it doubled revenue in 2018, in line with forecasts. The Auckland-domiciled, US-headquartered company's net loss was $23.3 million in the year ended March 31, from $25.3 million a year earlier, while revenue rose to $70.2 million from $34.3 million in the prior year, in line with its forecast. Pushpay's app has gained traction in the US faith sector, where it is now in use in 54 of the top 100 churches, and has transactions...

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