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FlexShopper ups gross revenue outlook for '19

FlexShopper Inc. updated guidance for full year 2019.

The company now expects gross revenue to be more than $110 million, as compared to the earlier guidance of more than $105 million. Adjusted gross profit is now projected to be more than $25 million, compared to the previous expectation of more than $24 million.

Adjusted EBITDA is expected to be more than $3.5 million, versus the earlier expectation of more than $3 million.