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Nuvei narrwos FY23 revenue view to 1.175B-1.195B from 1.170B-1.195B

Raises FY23 adjusted EBITDA view to $427M-$435M from $417M-$432M. The company said, “We continue to see momentum in the business, and we are raising our outlook for the full year. Daily average volumes in October and early November have remained consistent with our expectations, and we are not seeing any signs that the near-term spending environment has changed. In terms of our updated ranges for the full year, we are raising our outlook range for Total volume and Adjusted EBITDA, and we are narrowing our outlook range by raising the low end for Revenue and Revenue at constant currency. These updates to our outlook ranges reflect our view of consistent execution into year end in driving margin expansion. Nuvei also expects Organic revenue growth excluding digital assets and cryptocurrencies at constant currency to be between 16% and 20% for the fiscal year ending December 31.”

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