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Seeking Alpha 2023-07-19 13:05:57

RYVYL shares rise after forecasting Q2 revenue above estimates

RYVYL ( NASDAQ: RVYL ) said Wednesday that it expects total revenue for the second quarter of 2023 to be at least $14.5 million, up 30% sequentially. The Seeking Alpha consensus estimate for Q2 revenue is $13.1 million. Q2 processing volume is expected to be at least $650 million, up 16% from Q1. Press Release . Shares +15.9% at $1.24 premarket.

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