Sezzle (NASDAQ: SEZL) grew third-quarter net income 79% to $47. 8 million, or $1. 38 per diluted share. Shares rose about 10% in after-hours trading. The bigger story is cost: Sezzle now earns far more on each dollar it handles, because revenue is growing faster than volume while the costs tied to each loan barely grow.
POLARIS INSIGHTS