earnings
confidence high
sentiment positive
materiality 0.85
Green Dot Q1 revenue up 24% to $559M, net income soars 443%; raises 2025 outlook
GREEN DOT CORP
- GAAP net income of $25.8M ($0.47 diluted EPS) vs $4.8M ($0.09) a year ago; non-GAAP EPS $1.06, up 80%.
- Total operating revenues $558.9M (+24% YoY); adjusted EBITDA $90.6M, margin 16.3% vs 13.2%.
- Added new BaaS partners including Samsung and Crypto.com; renewed a major retail partnership.
- Company raises 2025 guidance; unencumbered cash at holding company ~$142M as of March 31, 2025.