secwatch.observer — SEC 8-K summary
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Issuer:     Usio, Inc. (USIO)
CIK:        0001088034
Form:       8-K
Filed at:   2023-11-08T23:59:59+00:00
Accession:  0001437749-23-030951
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Usio Q3 revenue $20.5M (+25% YoY); net loss narrows to $0.7M vs $1.8M
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- Revenue $20.5M, up 25% YoY; 13th consecutive quarter of growth.
- Prepaid card revenue surged 197% to $4.7M; load volume +239%.
- Net loss $0.7M ($0.04/sh) vs $1.8M ($0.09) a year ago; Adjusted EBITDA loss $0.1M.
- Full-year 2023 revenue growth guidance reiterated at 18%-20%.
- Cash $7.4M; $1.7M added over first nine months; generated $2.4M adjusted operating cash flow.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1088034/000143774923030951/0001437749-23-030951-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1088034/000143774923030951/usio20230828_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-030951

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer