secwatch.observer — SEC 8-K summary
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Issuer:     GREEN DOT CORP (GDOT)
CIK:        0001386278
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0001386278-24-000076
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1386278/000138627824000076/0001386278-24-000076-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1386278/000138627824000076/gdot-20241107.htm
  HTML page:      https://secwatch.observer/filing/0001386278-24-000076

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