seems to have few regrets about choosing Adyen over
Both digital payments companies boomed during the pandemic, but unlike its American rival, the European giant is thriving in the reopening as well.
Adyen stock rose 13% in morning trading Wednesday after the company released excellent 2021 results, increasing net revenue by nearly half to €1 billion and growing earnings before interest, taxes, depreciation and amortization by 57%. Management reassured shareholders that “the indicators of sustainable profitable growth remain intact.”
That outlook contrasted sharply with PayPal’s decision last week to lower its profit outlook and ditch its growth strategy, which sent its shares tumbling….
