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Adyen stock slides after H1 earnings report

Aug. 18, 2022 11:29 AM ETAdyen N.V. (ADYEY) StockADYYFBy: Jessica Kuruthukulangara, SA News Editor3 Comments

Close up of young Asian man shopping at the flower shop. He is paying with his smartphone, scan and pay a bill on a card machine making a quick and easy contactless payment. NFC technology, tap and go concept

AsiaVision

Adyen (OTCPK:ADYEY) stock slid as much as 11.2% on Thursday despite the payment company's solid H1 results.

ADYEY reported H1 EPS of €9.09 vs. €6.69 in H1 2021, while revenue grew 36.7% Y/Y to €608.53M.

Processed volume was €345.8B, up 60% Y/Y, driven

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