CENTER VALLEY, Pa. (AP) — CENTER VALLEY, Pa. (AP) — Shift4 Payments, Inc. (FOUR) on Tuesday reported second-quarter net income of $34 million.
On a per-share basis, the Center Valley, Pennsylvania-based company said it had profit of 32 cents. Earnings, adjusted for one-time gains and costs, came to $1.10 per share.
The results missed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.20 per share.
The company posted revenue of $966.2 million in the period. Its adjusted revenue was $413.4 million, beating Street forecasts. Nine analysts surveyed by Zacks expected $411.8 million.
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