From Barchart: 2025-02-25 02:04:43

Zip Co Ltd (ASX: ZIP) shares surged 17.3% to A$2.80, hitting a high since January 30, driven by record half-year earnings. Key financial highlights include Cash EBTDA of A$67.0 million (+117.1% YoY) and U.S. TTV growth of +40.3% YoY. CEO Cynthia Scott credits strong U.S. demand and disciplined execution for the success. Australian TTV also rose 10% in December. Zip reaffirms FY25 guidance of at least A$147 million in cash EBTDA. With a focus on U.S. growth and strategic execution, Zip is positioned as a key player in the BNPL sector moving forward.



Read more at Barchart:: Zip Co (ASX: ZIP) Shares Surge on Strong Half-Year…