Adyen, which processes payments for Netflix and Uber, soars 10% on 2020 earnings beat

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The online payments firm's CEO said it had proven 'resilient' in the latter half of 2020 and saw strong gains in North America.

Adyen said its full-year 2020 earnings came in at 402.5 million euros , up 27% from a year earlier.

The firm posted net revenues of 684.2 million euros last year, up 28% versus 2019, as it benefited from a boost in e-commerce volumes during the coronavirus pandemic. Adyen CEO Pieter van der Does said the business had proven "resilient" in the latter half of 2020, adding it saw strong gains in its North American operations in 2020.

 

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