Green Dot Q3 revenue up 16% to $409.7M; GAAP net loss $7.8M, adjusted EBITDA up 19%

GREEN DOT CORP

GAAP net loss of $7.8M ($0.15 diluted EPS) vs net loss of $6.3M a year ago; loss widened 25%.
Total operating revenues $409.7M, up 16% YoY; non-GAAP revenues $406.0M.
Adjusted EBITDA $28.3M, up 19% YoY; adjusted EBITDA margin 7.0% vs 6.8%.
Non-GAAP diluted EPS $0.13, down from $0.14; 9-month non-GAAP diluted EPS $0.96, down 36% YoY.
Introduced embedded finance brand 'Arc by Green Dot'; unencumbered cash at holding company ~$75M.

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