Wirecard Sticks to 2020 Guidance, Waits for Results of Audit

(Bloomberg) — Wirecard AG posted full-year revenue that beat the highest analyst estimates, at a time when the German payments processor struggles to move on from reports over alleged questionable accounting methods.In its preliminary results in a statement Friday, the company reported full year revenue of 2.8 billion euros ($3 billion), versus analyst projections of 2.7 billion euros.Wirecard also confirmed its 2020 outlook, which was slightly below analysts’ previous estimates, and posted 2019 earnings before interest, tax, depreciation and amortization of 785 million euros that missed the estimate of 792.3 million euros. The company will publish audited figures on April …read more

Source:: Yahoo Finance