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Research Alert: Cpay Delivers Q1 Beat With 25% Revenue Growth And Corporate Payments Momentum

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-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:

CPAY delivered strong Q1 results with revenue of $1.26B (+25% Y/Y, +11% organic), beating estimates by $50M and marking the fourth consecutive quarter of double-digit organic growth. Adjusted EPS of $5.80 surpassed the prior year's $4.51 and beat Wall Street's $5.47 estimate. Corporate Payments was the standout performer with 16% organic growth to $503.9M despite interest rate headwinds, while Vehicle Payments showed continued momentum with 10% organic growth to $563.9M. Management noted that strong organic growth demonstrates robust underlying business momentum, with new payables and cross-border enterprise clients contributing to performance. Adjusted EBITDA increased 24% to $688.6M with a 54.6% margin, exceeding expectations by over 100 bps due to strong revenue flow-through. CPAY deployed $786M in share repurchases during the quarter while maintaining a conservative 2.7x leverage ratio, demonstrating disciplined capital allocation.

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