Sezzle Stock Plummets Despite Strong Earnings Report

Sezzle (SEZL) shares plunged 33.7% despite reporting better-than-expected Q3 results, with revenue climbing 76.4% to $98.7 million and adjusted EPS surging 97% to $0.69. The buy-now-pay-later fintech's monthly active users grew to 748,000 while gross merchandise volume jumped 74.2% to $927 million.

Investors reacted negatively to decelerating growth projections, with forward guidance of 60-65% revenue growth and $3.25 EPS falling slightly below consensus estimates. The selloff reflects cooling sentiment toward high-growth fintech stocks after Sezzle's meteoric 2023 rally.

CEO Charlie Youakim emphasized strong product adoption, stating "The features and marketing initiatives we've rolled out are driving stronger engagement." However, the market appears focused on the company's maturing growth profile rather than absolute performance metrics.