Proactiveinvestors United Kingdom Planet Payment articles

Planet Payment reveals strong first half performance; shares resume trading on AIM

Wed, 26 Oct 2011 13:52:00 +0100

Today the group released the eagerly anticipated results for the six months ended June 30, which showed a 47 per cent uplift in net revenue to US$19.9 million. Net income had swung into positive ground, reaching US$1 million from a US$2.3 million loss in the first half of last year.

Planet Payment has a "tremendous amount of momentum" going into 2011, says chief executive Beck

Fri, 24 Dec 2010 09:30:00 +0000

Shares in international payment and data processor Planet Payment (LON:PPTR) have had a good run since the summer. And ahead of the firm publishing its pre-close trading statement for 2010 in January, chief executive Phillip Beck is in an upbeat mood. “This business has a tremendous amount of momentum in terms of new products and a pipeline of new business customers,” he tells Proactive Investors.

Planet Payment reports more strong revenue growth in Q3

Tue, 09 Nov 2010 08:06:00 +0000

Planet Payment is having a strong 2010 with revenue up by almost a third to date. The company continues to fuel its growth with the roll-out of its cross-currency payment processing platform, and with a customary seasonal uplift still to come, management is looking ahead confidently.

Planet Payment’s 2009 revenues soar 31%, further growth eyed in 2010

Wed, 24 Mar 2010 10:06:00 +0000

The company had an exceptionally good full-year and is planning to enter more new countries while it remains poised to benefit from a recovery in its existing geographies.

Planet Payment: heading for profit in 2010

Thu, 21 Jan 2010 08:41:00 +0000

The results suggest that Planet Payment should soon achieve a net profit, especially since data from several countries indicates that the economic situation around the world is recovering.

Planet Payment first quarter results in line, Canaccord Adams and Daniel Stewart see upside potential

Fri, 15 May 2009 12:12:00 +0100

Financial highlights for the first quarter included a 100% increase in total revenues to US$10.3 million, with processing revenues surging 797% to US$4 million and multi-currency revenues rising 34% to US$6.3 million

Planet Payment is profiting from a smaller world

Sat, 23 Aug 2008 12:35:00 +0100

Quoted on London’s Alternative Investment Market, Planet Payment aims to take advantage of banks’ increasing tendency to outsource non-core activities. It makes its revenues from transactions processed through its systems, as well as from transactions of merchants that use the company’s other services.