Nayax: Q1 Earnings Snapshot

HERZLIYA, Israel (AP) — HERZLIYA, Israel (AP) — Nayax Ltd. (NYAX) on Wednesday reported a loss of $5 million in its first quarter.

On a per-share basis, the Herzliya, Israel-based company said it had a loss of 15 cents.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share.

The financial technology company posted revenue of $64 million in the period, which also did not meet Street forecasts. Three analysts surveyed by Zacks expected $70.9 million.

Nayax expects full-year revenue in the range of $325 million to $335 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NYAX at https://www.zacks.com/ap/NYAX