Carl Williams

Earnings May 10, 2017

Slightly off, Planet Payment comes back to Earth

By GREGORY ZELLER // Planet Payment’s first quarter fell just short of analyst expectations – but the company is still on course for what would be a record-setting year. Reporting Tuesday on the results of the first quarter of its 2017 fiscal year, which ended March 31, the Long Beach-based provider of international payment, transaction-processing and currency-processing services (Nasdaq: PLPM) noted not-insignificant year-over-year drops in quarterly revenues and income. Despite the setback, company officials reaffirmed…

Earnings March 8, 2017

Bottom line shines at Planet Payment

By GREGORY ZELLER // It was an up quarter to end an up year at Planet Payment Inc. Reporting Wednesday on the fourth quarter of its 2016 fiscal year, which ended Dec. 31, the Long Beach-based provider of international payment, transaction-processing and currency-processing services (Nasdaq: PLPM) noted a slight dip in year-over-year quarterly revenues – to $13.9 million, down from $15.4 million in 4Q2015 – but skyrocketing net income, which rose from $6.7 million in…

Earnings May 5, 2016

Planet Payment rises via Your Currency rollout

Year-over-year gains in total revenue and net income marked a strong first quarter for Planet Payment. The Long Beach-based provider of international payment, transaction-processing and currency-processing services reported earnings of $1.8 million for the quarter ended March 31, leading to adjusted earnings-per-share of 3 cents. Total revenue in the first quarter was $13.7 million, the company said Wednesday, a 13 percent increase over reported revenues in 1Q 2015. Quarterly net income also rose year-over-year, from…