secwatch.observer — SEC 8-K summary
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Issuer:     GREEN DOT CORP (GDOT)
CIK:        0001386278
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0001386278-24-000028
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1386278/000138627824000028/0001386278-24-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1386278/000138627824000028/gdot-20240509.htm
  HTML page:      https://secwatch.observer/filing/0001386278-24-000028

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