secwatch.observer — SEC 8-K summary
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Issuer:     Priority Technology Holdings, Inc. (PRTH)
CIK:        0001653558
Form:       8-K
Filed at:   2021-11-15T23:59:59+00:00
Accession:  0001653558-21-000133
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Priority Tech Q3 revenue $132.5M (+21.6% YoY); Adj EBITDA $23.6M (+20%); acquires Finxera
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- Revenue $132.5M, up 21.6% YoY; operating income $8.3M (+17.2%).
- Net loss $0.5M vs net income $85.7M (incl. $94.9M gain on sale in prior year); diluted loss $0.09 vs $0.60 EPS.
- Adjusted EBITDA $23.6M, up 20.0%; gross profit margin 30.0% (down from 31.2%).
- Completed Finxera acquisition; new platform for collect, store, send money.
- FY2021 guidance: revenue $500-520M, Adj EBITDA $94-98M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1653558/000165355821000133/0001653558-21-000133-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1653558/000165355821000133/prth-20211115.htm
  HTML page:      https://secwatch.observer/filing/0001653558-21-000133

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