ExpensifyNASDAQ: EXFY

Expensify (EXFY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Expensify now offers unlimited virtual cards on its spend management platform. The company introduced the Expensify Visa Commercial Card, allowing businesses to easily oversee all expenses for employees and vendors, whether they are one-time or recurring costs.

Expensify has introduced new expense tracking capabilities for freelancers and self-employed individuals in the most recent update of its app designed for managing expenses and corporate cards.

Expensify, Inc. (EXFY) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Expensify, Inc. (EXFY) Q4 2023 Earnings Call Transcript

Expensify, Inc. (EXFY) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of a loss of $0.03 per share. This compares to earnings of $0.09 per share a year ago.

Expensify added a budgeting tool to its financial management app for businesses. The new tool allows admins to set monthly or annual budgets for teams, departments, employees or the company as a whole, Expensify said in a Wednesday (Dec. 20) press release.

Expensify, Inc. (NASDAQ:EXFY ) Q3 2023 Earnings Conference Call November 7, 2023 5:00 PM ET Company Participants Ryan Schaffer - CFO Anu Muralidharan - COO Conference Call Participants Steve Enders - Citigroup Inc. Aaron Kimson - JMP Securities Daniel Jester - BMO Capital Markets Ryan Schaffer Hello. Welcome to the Expensify Q3 2023 earnings.

Expensify says it has made its first venture into the personal payments space with its new app. The firm says its new offering, announced Monday (Oct. 23), is an expansion of the company's business expense management technology, designed for consumer payments.