Repay (RPAY) - 2023 Q3 - Earnings Call Transcript
Repay (RPAY)2023-11-10 02:24
Moving over to Business Payments segment. During the third quarter, our Business Payments gross profit grew 13% when excluding the impact of political media during 2022. Our normalized gross profit was driven by the continued momentum in our sales and implementation pipeline for enterprise and mid-market companies within our health care, property management, auto and municipality verticals. Our AR portion of the segment continues to perform nicely as we focus on penetration of existing ERP systems and payme ...