FlexShopper Q4 2023 GAAP EPS $(0.16) Beats $(0.25) Estimate, Sales $30.271M Miss $30.509M Estimate

4/1/24 4:51:12 PM ET

Diversified Commercial Services

Consumer Discretionary

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FlexShopper (NASDAQ:FPAY) reported quarterly losses of $(0.16) per share which beat the analyst consensus estimate of $(0.25) by 36 percent. The company reported quarterly sales of $30.271 million which missed the analyst consensus estimate of $30.509 million by 0.78 percent. This is a 41.38 percent increase over sales of $21.411 million the same period last year.

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FlexShopper Announces a Purchase Option for 91% of its Outstanding Series 2 Preferred Stock at a 50+% Discount to Liquidation Preference
BOCA RATON, Fla., Oct. 28, 2024 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (NASDAQ:FPAY), ("the Company"), a leading online lease-to-own retailer and payment solutions provider, today announced that it has entered into a purchase option agreement with the majority holder of the Company's Series 2 Preferred Stock (the "Preferred Stock"), in which FlexShopper has the option to redeem 91% of FlexShopper's Preferred Stock at a 50+% discount to the second quarter of 2024 liquidation preference of approximately $43 million. The discount is based upon the date of repayment and the option to purchase lasts for a one-year period. In addition, further payments to the seller of the Preferred Stock may be
10/28/24 8:00:56 AM ET
$FPAY
Diversified Commercial Services
Consumer Discretionary
FlexShopper, Inc. Reports 2024 Second-Quarter Financial Results
BOCA RATON, Fla., Aug. 06, 2024 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (NASDAQ:FPAY) ("FlexShopper"), a leading national online lease-to-own ("LTO") retailer and payment solution provider for underserved consumers, today announced its financial results for the quarter ended June 30, 2024. Russ Heiser, Jr, Chief Executive Officer, stated, "Our second-quarter and year-to-date results are encouraging as the long-term growth strategies we are pursuing begin to take hold. Over the past two quarters we have focused on providing greater payment solutions to more customers, expanding retail revenue, and leveraging our established platform to provide expanded payment options to more retail partners
8/6/24 4:05:48 PM ET
$FPAY
Diversified Commercial Services
Consumer Discretionary
FlexShopper, Inc. Schedules 2024 Second Quarter Financial Results Conference Call
BOCA RATON, Fla., Aug. 05, 2024 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (NASDAQ:FPAY) ("FlexShopper"), a leading national online lease-to-own ("LTO") retailer and payment solution provider for underserved consumers, announced today that it intends to release its financial results for its second quarter ended June 30, 2024, after the market closes on Tuesday, August 6, 2024. The Company intends to hold a conference call to discuss those results the next day, August 7 at 8:30 a.m. Eastern Time. Conference Call and Webcast Details Conference Call Information:Date: August 7, 2024Time: 8:30 a.m. Eastern TimeToll Free Dial In: (800) 715-9871International Dial In: (646) 307-1963Conference ID: 754
8/5/24 4:05:24 PM ET
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Consumer Discretionary

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FlexShopper and PayPossible Expand Consumer Payment Options Through Strategic Partnership
FlexShopper to offer lease-to-own solutions within PayPossible's waterfall to new merchants, including RANDYS Worldwide, with a retail network of over 20,000 locations PayPossible to introduce new payment options on FlexShopper.com BOCA RATON, Fla., Oct. 31, 2024 (GLOBE NEWSWIRE) -- FlexShopper Inc. (NASDAQ:FPAY), a leading national lease-to-own (LTO) retailer and payment solutions provider, has announced a strategic partnership with PayPossible, a top financing waterfall platform. This partnership will integrate FlexShopper's LTO services into PayPossible's platform, expanding consumer financing options for a wide range of retail merchants. As part of this collaboration, Fl
10/31/24 8:00:14 AM ET
$FPAY
Diversified Commercial Services
Consumer Discretionary
FlexShopper Files Registration Statement for Proposed Rights Offering to its Stockholders
BOCA RATON, Fla., Oct. 28, 2024 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (NASDAQ:FPAY) (the "Company") announced today that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission (the "SEC") for a proposed rights offering in which it plans to distribute to its stockholders non-transferable subscription rights to purchase up to 35,000,000 units. Each unit will consist of one share of common stock (the "Common Shares") and three short-term rights to purchase additional Common Shares at varying discounted market-based prices. Officers and directors of the Company have given indications they intend to participate in the rights offering. Under the proposed
10/28/24 5:05:17 PM ET
$FPAY
Diversified Commercial Services
Consumer Discretionary
FlexShopper Announces a Purchase Option for 91% of its Outstanding Series 2 Preferred Stock at a 50+% Discount to Liquidation Preference
BOCA RATON, Fla., Oct. 28, 2024 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (NASDAQ:FPAY), ("the Company"), a leading online lease-to-own retailer and payment solutions provider, today announced that it has entered into a purchase option agreement with the majority holder of the Company's Series 2 Preferred Stock (the "Preferred Stock"), in which FlexShopper has the option to redeem 91% of FlexShopper's Preferred Stock at a 50+% discount to the second quarter of 2024 liquidation preference of approximately $43 million. The discount is based upon the date of repayment and the option to purchase lasts for a one-year period. In addition, further payments to the seller of the Preferred Stock may be
10/28/24 8:00:56 AM ET
$FPAY
Diversified Commercial Services
Consumer Discretionary

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The Dow Jones index closed higher by around 0.5% on Monday. When insiders purchase or sell shares, it indicates their confidence or concern around the company’s prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is a look at a few recent notable insider transactions for penny stocks. For more, check out Benzinga’s insider transactions platform. Stereotaxis The Trade: Stereotaxis, Inc. (NYSE:STXS) Director Paul J Isaac bought a total of 7,000 shares at an average price of $1.86. To acquire these shares, it cost around $13,017. What's Happening: On May 13, Stereotaxis posted weaker-than-expe
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FlexShopper And 3 Other Stocks Under $5 Insiders Are Buying
The Dow Jones index closed lower by around 0.2% on Friday. When insiders purchase or sell shares, it indicates their confidence or concern around the company’s prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is a look at a few recent notable insider transactions for penny stocks. For more, check out Benzinga’s insider transactions platform. Harvard Bioscience The Trade: Harvard Bioscience, Inc. (NASDAQ:HBIO) CEO James W Green bought a total of 20,000 shares at an average price of $3.07. To acquire these shares, it cost around $61,400. What's Happening: On May 7, Harvard Bioscience poste
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FlexShopper Q4 2023 GAAP EPS $(0.16) Beats $(0.25) Estimate, Sales $30.271M Miss $30.509M Estimate

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Recent Analyst Ratings for
$FPAY

$FPAY
Financials

Live finance-specific insights

FlexShopper Announces a Purchase Option for 91% of its Outstanding Series 2 Preferred Stock at a 50+% Discount to Liquidation Preference

FlexShopper, Inc. Reports 2024 Second-Quarter Financial Results

FlexShopper, Inc. Schedules 2024 Second Quarter Financial Results Conference Call

$FPAY
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Director Dvorkin Howard bought $26,544 worth of shares (23,100 units at $1.15) (SEC Form 4)

Director Dvorkin Howard bought $3,922 worth of shares (3,381 units at $1.16) (SEC Form 4)

Director Dvorkin Howard bought $38,457 worth of shares (33,562 units at $1.15) (SEC Form 4)

$FPAY
Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

$FPAY
SEC Filings

Director Dvorkin Howard bought $26,544 worth of shares (23,100 units at $1.15) (SEC Form 4)

Director Dvorkin Howard bought $3,922 worth of shares (3,381 units at $1.16) (SEC Form 4)

Director Dvorkin Howard bought $38,457 worth of shares (33,562 units at $1.15) (SEC Form 4)

SEC Form FWP filed by FlexShopper Inc.

SEC Form S-1 filed by FlexShopper Inc.

FlexShopper Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Financial Statements and Exhibits

$FPAY
Large Ownership Changes

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SEC Form SC 13G/A filed by FlexShopper Inc. (Amendment)

SEC Form SC 13G/A filed

$FPAY
Press Releases

Fastest customizable press release news feed in the world

FlexShopper and PayPossible Expand Consumer Payment Options Through Strategic Partnership

FlexShopper Files Registration Statement for Proposed Rights Offering to its Stockholders

FlexShopper Announces a Purchase Option for 91% of its Outstanding Series 2 Preferred Stock at a 50+% Discount to Liquidation Preference

$FPAY
Market Insights

Live Market Insights

Hyliion Holdings And 3 Other Penny Stocks Insiders Are Buying

Phio Pharmaceuticals And 2 Other Stocks Under $2 Insiders Are Buying

FlexShopper And 3 Other Stocks Under $5 Insiders Are Buying

FlexShopper Q4 2023 GAAP EPS $(0.16) Beats $(0.25) Estimate, Sales $30.271M Miss $30.509M Estimate

Chat with this insight

Recent Analyst Ratings for $FPAY

$FPAY Financials

Live finance-specific insights

FlexShopper Announces a Purchase Option for 91% of its Outstanding Series 2 Preferred Stock at a 50+% Discount to Liquidation Preference

FlexShopper, Inc. Reports 2024 Second-Quarter Financial Results

FlexShopper, Inc. Schedules 2024 Second Quarter Financial Results Conference Call

$FPAY Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Director Dvorkin Howard bought $26,544 worth of shares (23,100 units at $1.15) (SEC Form 4)

Director Dvorkin Howard bought $3,922 worth of shares (3,381 units at $1.16) (SEC Form 4)

Director Dvorkin Howard bought $38,457 worth of shares (33,562 units at $1.15) (SEC Form 4)

$FPAY Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

$FPAY SEC Filings

Director Dvorkin Howard bought $26,544 worth of shares (23,100 units at $1.15) (SEC Form 4)

Director Dvorkin Howard bought $3,922 worth of shares (3,381 units at $1.16) (SEC Form 4)

Director Dvorkin Howard bought $38,457 worth of shares (33,562 units at $1.15) (SEC Form 4)

SEC Form FWP filed by FlexShopper Inc.

SEC Form S-1 filed by FlexShopper Inc.

FlexShopper Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Financial Statements and Exhibits

$FPAY Large Ownership Changes

This live feed shows all institutional transactions in real time.

SEC Form SC 13G/A filed by FlexShopper Inc. (Amendment)

SEC Form SC 13G/A filed

$FPAY Press Releases

Fastest customizable press release news feed in the world

FlexShopper and PayPossible Expand Consumer Payment Options Through Strategic Partnership

FlexShopper Files Registration Statement for Proposed Rights Offering to its Stockholders

FlexShopper Announces a Purchase Option for 91% of its Outstanding Series 2 Preferred Stock at a 50+% Discount to Liquidation Preference

$FPAY Market Insights

Live Market Insights

Hyliion Holdings And 3 Other Penny Stocks Insiders Are Buying

Phio Pharmaceuticals And 2 Other Stocks Under $2 Insiders Are Buying

FlexShopper And 3 Other Stocks Under $5 Insiders Are Buying

Recent Analyst Ratings for
$FPAY

$FPAY
Financials

$FPAY
Insider Trading

$FPAY
Insider Purchases

$FPAY
SEC Filings

$FPAY
Large Ownership Changes

$FPAY
Press Releases

$FPAY
Market Insights