Pushpay lifts profit guidance

Thu, 18 Jun 2020

Pushpay Holdings has lifted its guidance for annual operating profit by US$2 million, despite the turmoil affecting the economy of its key United States market. The company, which provides church management technology including donation facilitation, now expects earnings before interest, tax, depreciation, amortisation and foreign currency movements for the year ending March 2021 will come in between US$50 million and US$54 million. Six weeks ago, when the company announced its results for the 2020 financial year, it forecast ebitdaf of U...

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