2023-08-17
Adyen's shares plunged most on record after first-half earnings missed estimates, weighed down by the Dutch fintech company's hiring push and inflationary pressures https://www.bloomberg.com/... via @sarahannjacob
Financial Times
Adyen reports H1 2023 net revenue up 21% YoY to €739.1M, below €754M est., €320M EBITA, below €365M est., and defends hiring 551 new staff; ADYEN.AS drops 27%+
Dutch company counts cost of sustained recruitment and fierce US competition