Green Dot Q1 revenue up 9% to $452M; GAAP net income plummets 87% to $4.75M

GREEN DOT CORP

Q1 total operating revenues $451.99M, +9% YoY; GAAP net income $4.75M, -87% vs $36.01M.
GAAP diluted EPS $0.09, -87% YoY; Non-GAAP diluted EPS $0.59, -40% YoY.
Adjusted EBITDA $59.23M, -28% YoY; adjusted EBITDA margin 13.2% vs 20.0%.
Unencumbered cash at holding company ~$46M as of Mar 31, 2024.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

GREEN DOT CORP reported quarter ended March 31, 2024 results: revenue $451,988, net income $4,750, EPS $0.09.

Period: quarter ended March 31, 2024
Revenue: $451,988
Net income: $4,750
EPS: $0.09
Result: reported results

Exact text from the filing

Results Summary Three Months Ended March 31, 2024 2023 % Change (In thousands, except per share data and percentages) GAAP financial results Total operating revenues $ 451,988 $ 416,380 9% Net income $ 4,750 $ 36,012 (87)% Diluted earnings per common share $ 0.09 $ 0.69 (87)% Non-GAAP financial results 1 Non-GAAP total operating revenues 1 $ 447,423 $

View on SEC.gov

1052 earnings releases filed in the last 30 days. Browse all earnings releases →

GREEN DOT CORP filing history →

Source: SEC EDGAR

accession 0001386278-24-000028

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.