secwatch.observer — SEC 8-K summary
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Issuer:     GREEN DOT CORP (GDOT)
CIK:        0001386278
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001386278-23-000039
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Green Dot Reports Q2 2023 Results with Net Income Down 96% to $0.6M
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- Total operating revenues of $365.9 million, up 1% year-over-year.
- Net income dropped 96% to $0.578 million from $15.0 million in prior year.
- Diluted EPS fell 96% to $0.01 per share from $0.27.
- CEO George Gresham said company is nearing completion of platform conversions and launched a new major BaaS partner.
- Green Dot reaffirmed revenue guidance and mid-point of adjusted EBITDA and non-GAAP EPS.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1386278/000138627823000039/0001386278-23-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1386278/000138627823000039/gdot-20230803.htm
  HTML page:      https://secwatch.observer/filing/0001386278-23-000039

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