Paysafe (PSFE) - 2024 Q2 - Quarterly Report

Exhibit 99.1 PAYSAFE REPORTS FIRST QUARTER 2024 RESULTS; REAFFIRMS FULL YEAR OUTLOOK London, UK – May 13, 2024 – Paysafe Limited ("Paysafe" or the "Company") (NYSE: PSFE), a leading payments platform, today announced its financial results for the first quarter of 2024. Net income for the first quarter increased to $3.1 million, compared to a net loss of$3.8 million in the prior year period. An increase in expenses for depreciation and amortization, share-based compensation, and taxes was more than offset b ...