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Investor's Business Daily

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Shift4 Revenue, Payment Volume Top Wall Street Targets

Investor's Business Daily
Summary
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87% Informative

Shift4 Payments (FOUR) early Tuesday reported first-quarter adjusted earnings that topped estimates.

Revenue minus network fees rose 40% to $369 million .

End-to-end payment volume from merchant customers climbed 35% .

On the stock market today , Shift4 stock popped 12.8% to near 90 on Tuesday .

Shift4 competes with Clover , owned by Fiserv , as well as Square and Toast.