Hank Payments Corp. (TSE:HANK) has released an update.
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Hank Payments Corp. reports a robust second-quarter performance, with revenues climbing to $1.91 million, marking a 21% increase from the previous quarter and a 27% year-over-year growth. The company also saw a significant improvement in its operational efficiency, reducing its adjusted loss by over 70%. These financial gains are bolstered by strategic investments in two new products set to launch this year, alongside a promising expansion in the auto sector and partnerships with several U.S. colleges.
For further insights into TSE:HANK stock, check out TipRanks’ Stock Analysis page.
