Maxim Group Downgrades Paysign to Hold from Buy
Maxim Group has downgraded Paysign, Inc. from a Buy rating to a Hold rating.
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Paysign shares experienced a significant decline after the company reported that a customer's reduced activity is negatively impacting its future revenue outlook.
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Maxim Group has downgraded Paysign, Inc. from a Buy rating to a Hold rating.
PaySign (NASDAQ:PAYS) reported third-quarter financial results on Monday. The transcript from the company’s third-quarter earnings call has been provided below.This transcript is brought to you by Benzinga APIs. For
Paysign, Inc. announced record financial results for the third quarter of 2026, featuring a 42.6% increase in revenue and a significant expansion in operating margins.
U.S. stock futures were mixed as Progress Software fell after results; Corteva, NFT, Vivakor and other stocks also dropped in premarket trading.