BOSTON, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Sezzle Inc. (NASDAQ:SEZL) for potential securities law violations. Investors who have lost money in their Sezzle Inc. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/sezl. What is this all about? Shares of Sezzle fell 22% on December 18 after Hindenburg Research accused the company of engaging in unsustainable lending practices funded b ...

BOSTON, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Sezzle Inc. (Nasdaq: SEZL) for potential securities law violations. Investors who have lost money in their Sezzle Inc. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/sezl. What is this all about? Shares of Sezzle fell 22% on December 18 after Hindenburg Research accused the company of engaging in unsustainable lending practices funded ...

Minneapolis, MN, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Sezzle Inc. (NASDAQ: SEZL) (Sezzle or Company) // - Sezzle, a leader in the flexible payments industry, is thrilled to announce its partnership with Bealls Inc., the beloved company known for delivering quality, value, and customer loyalty for more than a century through its banners; bealls, Bealls Florida and Home Centric.  With this collaboration, Sezzle flexible payment options are now available to their guests—online and across its more than 650 stores ...

Core Viewpoint - Sezzle Inc. has demonstrated remarkable growth, with shares increasing by 4,252% over the past year [1] Company Summary - Sezzle Inc. is listed on NASDAQ under the ticker SEZL and also trades on OTC as SEZNL [1] - The company has emerged as a significant growth story in the stock market, indicating strong investor interest and market performance [1]

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the st ...

Minneapolis, MN, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Sezzle Inc. (NASDAQ:SEZL) (Sezzle or Company) // - Sezzle, a leader in the flexible payments industry, is excited to announce its partnership with Rural King, also known as RK Holdings, LLP, America's Farm and Home Store. Beginning today, Sezzle will be available online and across all 130 Rural King locations nationwide, providing customers with a flexible, interest-free financing option just in time for the holiday season. Rural King is a General Merchandi ...

Sezzle Inc. (SEZL) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving.The upward trend in estimate revisions for this company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and ...

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps define momentum characteristics, with Sezzle Inc. (SEZL) currently holding a Momentum Style Score of A [2][3] - Style Scores complement the Zacks Rank system, which has a strong track record of outperforming the market [3] Group 2: Sezzle Inc. Performance Metrics - SEZL shares have increased by 102.57% over the past week, significantly outperforming the Zacks Financial Transaction Services industry, which rose by 5.09% [5] - Over the past quarter, SEZL shares have surged by 228.65%, and over the last year, they have skyrocketed by 3968.67%, while the S&P 500 only increased by 12.69% and 37.58% respectively [6] - The average 20-day trading volume for SEZL is 129,607 shares, indicating a bullish trend when combined with rising stock prices [7] Group 3: Earnings Outlook - Recent earnings estimate revisions for SEZL show one upward revision and no downward revisions for the current fiscal year, raising the consensus estimate from $6.71 to $9.78 [9] - For the next fiscal year, two estimates have moved upwards with no downward revisions, indicating positive sentiment [9] - These factors contribute to SEZL being rated as a 1 (Strong Buy) stock with a Momentum Score of A, suggesting it is a promising near-term investment [9]

Minneapolis, MN, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Sezzle Inc. (NASDAQ:SEZL) (Sezzle or Company) // - Sezzle, a leader in the Buy Now, Pay Later (BNPL) industry, today announced a new partnership with Backcountry, the premier online outdoor retailer. Customers will soon be able to take advantage of Sezzle flexible financing, across all of Backcountry's online and in-store brands, including Steep & Cheap, Competitive Cyclist, and MotoSport. Backcountry’s decision to switch from a competing BNPL provider to S ...

Financial Data and Key Metrics Changes - Q3 2024 revenue increased by 71.3% year-over-year, driven by higher consumer purchase frequency and subscriber growth [6][32] - Net income for the quarter was $15.4 million, with an adjusted net income of $17.3 million, marking a new quarterly high and a net income margin of 22.1% and an adjusted net income margin of 24.7% [7][32] - The company achieved a score of 151 on its own rule of 100, with 71% revenue growth, 55% gross margin, and 25% adjusted net income margin [8][44] Business Line Data and Key Metrics Changes - Subscription revenue rose by 167%, contributing significantly to overall revenue growth, with the subscriber count reaching 529,000, an increase of 67,000 from the previous quarter [6][34] - The company reported a 41% increase in UMS (Underlying Merchant Sales) [32] Market Data and Key Metrics Changes - The company is outpacing the buy now pay later industry, which is expected to grow at 20% year-on-year, with Sezzle achieving 71% revenue growth [64] Company Strategy and Development Direction - The launch of a banking program with WebBank is expected to simplify operations and enhance profitability by standardizing regulatory procedures across the U.S. [16][17] - The introduction of the On-Demand product aims to increase consumer activation and lifetime value, serving as a bridge to subscription services [19][25] - The company is focusing on enhancing shopping features in the app while not neglecting financial services [55][56] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's growth trajectory, citing strong performance and market share gains despite a competitive environment [64][66] - The company is optimistic about future growth opportunities, particularly in the buy now pay later sector, and plans to continue focusing on quality growth rather than growth at any cost [68][69] Other Important Information - The company completed a $15 million stock buyback plan during Q3, with over $80 million in unrestricted cash available [45][46] - A universal shelf registration will be filed with the SEC for future capital management, although there are no immediate plans to raise capital [46] Q&A Session Summary Question: Insights on the bank partnership and On-Demand product - Management noted that the partnership with WebBank has simplified operations and improved profitability, with On-Demand showing a 30% increase in activations [50][52] Question: Clarification on 2024 guidance - The adjusted earnings guidance for 2024 excludes discrete tax items, with a focus on providing a more meaningful number for investors [60][61] Question: Future growth outlook - Management believes the buy now pay later sector will grow, and Sezzle aims to gain market share through strong strategies [64][66] Question: Consumer usage frequency and seasonality - Increased utilization from existing customers is attributed to better product offerings, with management noting a seasonal pattern where Q4 sees increased spending followed by a dip in Q1 [70][73]