Expensify: Staying Bullish On Good Performance And Favorable Prospects

Rob Daly/OJO Images via Getty Images I still have a Buy rating for Expensify, Inc. (NASDAQ:EXFY) stock. EXFY achieved substantial EBITDA and EPS beats for Q2 2024. Looking ahead, the company raised its full-year free cash flow outlook, and guided for new revenue contributions from the Expensify Travel product and the New Expensify superapp in Q3. In a nutshell, both its results and outlook are good, which justifies a bullish view for the stock. The assessment of EXFY's key Q4 2023 financial metrics was the ...