FlexShopper (FPAY) Stock: Why It Increased Over 25% Today

By Amit Chowdhry ● Aug 11, 2022
  • The stock price of FlexShopper (FPAY) increased over 25% pre-market today. This is why.

The stock price of FlexShopper (FPAY) increased over 25% pre-market today. Investors are responding positively to the company’s second-quarter results.

Flexshopper reported a Q2 EPS of $0.01, which was $0.07 higher than analyst estimates of ($0.06). And the revenue for the quarter was $32.8 million compared to the consensus estimate of $31.6 million.