---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-026783"
form_type: "8-K"
ticker: "USIO"
cik: "0001088034"
company_name: "Usio, Inc."
filed_at: "2024-08-14T23:59:59+00:00"
generated_at: "2026-05-31T09:14:44.563622+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Usio Q2 revenue down 6% to $20.1M, lowers FY2024 revenue guidance to 3-7%

## Summary
- Net income $0.1M ($0.00 EPS) vs $0.2M ($0.01 EPS) a year ago; adjusted EBITDA $0.8M down from $1.3M.
- Total payment dollars processed up 29% YoY to $1.7B; prepaid card load volume up 55% to record $133M.
- FY2024 revenue growth guidance lowered to 3-7%; EPS guidance cut to $0.0-$0.03 per share.
- FY2024 adjusted EBITDA guidance raised to $4.25M-$5.0M; cash balance $7.5M, up $1.0M YoY.
- CEO cites slower PayFac ISV implementations for guidance cut; backlog of $1.4B in potential processing dollars.

## SEC filing metadata
- accession: 0001437749-24-026783
- form_type: 8-K
- ticker: USIO
- cik: 0001088034
- company_name: Usio, Inc.
- filed_at: 2024-08-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1088034/000143774924026783/0001437749-24-026783-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1088034/000143774924026783/usio20240529_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-026783
- JSON: https://secwatch.observer/filing/0001437749-24-026783.json
- Plain text: https://secwatch.observer/filing/0001437749-24-026783.txt

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