Paysafe PSFE shares are trading higher in Thursday's after-hours session after the company announced it appointed Bruce Lowthers to CEO and reaffirmed guidance for the first quarter and full-year 2022.
Lowthers, who will join the company by the beginning of May, will succeed Philip McHugh, who is stepping down as CEO and as a member of the company's board.
Paysafe reaffirmed adjusted EBITDA guidance of $95 million to $100 million for the first quarter and $440 million to $460 million for full-year 2022.
The company is set to announce its first-quarter financial results on May 11.
PSFE 52-Week Range: $2.58 - $14.95
According to data from Benzinga Pro, the stock was up 4.82% in after hours at $3.14 at press time.
Photo: mohamed_hassan from Pixabay.
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