Dutch fintech company Adyen stock falls despite strong earnings
The company processes €104.6bn worth of payments, up 49%
22 August 2019 - 20:29
Amsterdam — Shares in Adyen, a Dutch fintech company that processes payments for online merchants including Facebook and Netflix, fell on Thursday even though the company reported a better-than-expected 79% jump in core profit.
First-half core earnings at Adyen, which became one of Europe’s better-known fintech firms after a spectacular stock market flotation in June 2018, reached €125.8m, up from €70.3m a year before...
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