The chart below shows how SEZL performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SEZL sees a +7.88% change in stock price 10 days leading up to the earnings, and a +31.10% change 10 days following the report. On the earnings day itself, the stock moves by +1.74%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Quarterly Revenue Surge: Our quarter three revenue rose 71.3% year-over-year.
Subscriber Count Increase: Our subscriber count reached 529,000 at the end of the third quarter, representing an increase of 67,000 subscribers compared to last quarter.
Quarterly Net Income Report: Net income for the quarter came in at $15.4 million, representing a net income margin of 22.1%.
Record Adjusted Net Income: Our adjusted net income of $17.3 million reached a new quarterly high and an adjusted net income margin of 24.7%.
Strong Revenue and Profit Margins: We had 71% revenue growth, a 55% gross margin and a 25% adjusted net income margin.
Negative
Quarterly Net Income Report: Net income for the quarter came in at $15.4 million, representing a net income margin of 22.1%.
Record Adjusted Net Income: Our adjusted net income of $17.3 million reached a new quarterly high and an adjusted net income margin of 24.7%, marking the second quarter in a row in which our adjusted net income margin has exceeded 20%.
Subscriber Growth Increase: We had 529,000 subscribers compared to only 210,000 in the previous year.
Transaction Cost Increase: Transaction-related costs rose to 55% of total revenue compared to 49.2% in the prior year; and to leverage our non-transaction operating expenses, which fell to 30% of total revenue compared to 46.2% a year ago.
Credit Loss Provision Increase: Our provision for credit losses rose in line with our expectations.
Sezzle Inc. (SEZL) Q3 2024 Earnings Call Transcript
SEZL.O
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