secwatch.observer — SEC 8-K summary
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Issuer:     GREEN DOT CORP (GDOT)
CIK:        0001386278
Form:       8-K
Filed at:   2023-11-09T23:59:59+00:00
Accession:  0001386278-23-000059
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Green Dot posts Q3 net loss of $6.3M, revenues up 3% YoY; non-GAAP EPS down 68%
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- Total operating revenues $353M, up 3% YoY; net loss of $6.3M vs net income of $4.7M.
- GAAP diluted EPS $(0.12) vs $0.09; non-GAAP diluted EPS $0.14, down 68% from $0.44.
- Adjusted EBITDA $23.7M, down 48% YoY; adjusted EBITDA margin 6.8% vs 13.5%.
- Completed processor conversions; management expects momentum in GO2bank and B2B segments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1386278/000138627823000059/0001386278-23-000059-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1386278/000138627823000059/gdot-20231109.htm
  HTML page:      https://secwatch.observer/filing/0001386278-23-000059

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