earnings
confidence high
sentiment positive
materiality 0.85
Green Dot Q1 revenue up 17% to $656M, EPS $0.93; preparing for acquisition by Smith Ventures/CommerceOne
GREEN DOT CORP
- GAAP net income $53.8M, diluted EPS $0.93 vs $0.47 YoY (109% increase).
- Non-GAAP diluted EPS $1.12; Adjusted EBITDA $102.4M, margin 15.7%.
- Cash at holding company $34M as of March 31, 2026.
- Company states it is preparing for acquisition by Smith Ventures and CommerceOne (no deal value provided).
- CEO highlights strong foundation and growth opportunity in next chapter.