---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-017057"
form_type: "8-K"
ticker: "USIO"
cik: "0001088034"
company_name: "Usio, Inc."
filed_at: "2024-05-15T23:59:59+00:00"
generated_at: "2026-06-01T22:34:11.256393+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Usio Q1 revenue $20.3M down 5% YoY; net loss $0.3M; reiterates FY revenue growth 10-12%

## Summary
- Total payment dollars processed $1.5B, up 19% YoY; ACH revenue up 16%, Credit card revenue up 3% with record volumes.
- Net loss of $0.3M ($0.01 per share) vs net income $0.015M a year ago; Adjusted EBITDA $0.1M vs $1.0M.
- Cash $7.1M; generated $0.7M interest income in Q1; reduced accounts payable by $1.2M.
- Reaffirms FY 2024 guidance of 10-12% revenue growth; entered contract with potential $20M annual recurring revenue.

## SEC filing metadata
- accession: 0001437749-24-017057
- form_type: 8-K
- ticker: USIO
- cik: 0001088034
- company_name: Usio, Inc.
- filed_at: 2024-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1088034/000143774924017057/0001437749-24-017057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1088034/000143774924017057/usio20240319_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-017057
- JSON: https://secwatch.observer/filing/0001437749-24-017057.json
- Plain text: https://secwatch.observer/filing/0001437749-24-017057.txt

## Key facts
- Earnings Releases
  Usio, Inc. updated its first quarter ended March 31, 2024 guidance (reaffirmed).
  - Period: first quarter ended March 31, 2024
  - Guidance: reaffirmed
  - Result: reported results
  source text: On May 15, 2024, Usio, Inc. issued a press release announcing financial results for its quarter ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1088034/000143774924017057/0001437749-24-017057-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.