By Najat KantouarAdyen shares rose after the company reported a rise in net profit for the second half of fiscal 2023, reflecting the strength of wallet share investment. Net revenue for the period rose 23% to EUR887.0 million, reflecting the strength of continued long-term partnerships, Adyen said. Regionally, net revenue contributions continued to diversify, with EMEA contributing 55%, followed by North America at 27%, it said. Write to Najat Kantouar at najat.kantouar@wsj.comThis content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. (END) Dow Jones Newswires02-08-24 0648ETCopyright (c) 2024 Dow Jones & Company, Inc.

Source: Wall Street Journal February 08, 2024 11:53 UTC