secwatch.observer — SEC 8-K summary
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Issuer:     GREEN DOT CORP (GDOT)
CIK:        0001386278
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001386278-23-000026
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Green Dot reports Q1 revenue up 4% to $416M, net income down 7%; reaffirms 2023 guidance
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- GAAP total operating revenues $416.4M, up 4% YoY; net income $36.0M, down 7%.
- GAAP diluted EPS $0.69 vs $0.70 in prior year.
- Non-GAAP adjusted EBITDA $82.5M, margin 20.0% (down from 22.9%).
- Non-GAAP diluted EPS $0.99 vs $1.06 prior year.
- CEO cites progress on platform conversions and reaffirms 2023 guidance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1386278/000138627823000026/0001386278-23-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1386278/000138627823000026/gdot-20230504.htm
  HTML page:      https://secwatch.observer/filing/0001386278-23-000026

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer