Green Dot Q4 revenue $342.4M, net income $5.9M; FY EPS $1.19 up 40% YoY

GREEN DOT CORP

Q4 2022 total operating revenues $342.4M, up 4% YoY; net income $5.9M vs loss of $10.5M in Q4 2021.
Full year 2022 revenues $1,449.6M (+1% YoY); net income $64.2M (+35% YoY); diluted EPS $1.19 (+40%).
Non-GAAP Q4 adjusted EBITDA $35.4M (10.5% margin); FY adjusted EBITDA $238.8M (16.8% margin).
Non-GAAP diluted EPS $0.34 for Q4, $2.59 for FY, up 26% and 17% YoY respectively.
CEO cites technology conversions, major BaaS partner signing; 2023 guidance provided but not detailed in excerpt.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

GREEN DOT CORP updated its the quarter and year ended December 31, 2022 guidance (initiated).

Period: the quarter and year ended December 31, 2022
Guidance: initiated
Result: reported results

Exact text from the filing

On February 23, 2023, Green Dot Corporation issued a press release announcing its financial results for the quarter ended December 31, 2022 and certain other financial information.

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Source: SEC EDGAR

accession 0001386278-23-000003

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