earnings
confidence high
sentiment positive
materiality 0.70
Priority Technology Q1 revenue up 35% to $153.2M; Adjusted EBITDA +68%
Priority Technology Holdings, Inc.
2022-Q1 EPS reported
-$0.11
revenue$153,239,000
- Revenue of $153.2M, up 35.2% YoY from $113.3M, driven by all segments.
- Gross profit $51.8M (+65% YoY); gross margin 33.8% up 610 bps from 27.7%.
- Operating income $10.8M (+140% YoY); Adjusted EBITDA $30.3M (+68.3% YoY).