earnings
confidence high
sentiment positive
materiality 0.75
Priority Technology Q2 revenue up 33% to $166.4M, Adj EBITDA $33.9M up 61%
Priority Technology Holdings, Inc.
2022-Q2 EPS reported
-$0.22
revenue$319,669,000
- Revenue $166.4M (+33.1% YoY); gross profit $55.7M (+58.2%); gross margin 33.5% (+540 bps).
- Operating income $13.1M (+77%); Adjusted EBITDA $33.9M (+61.4%).
- Growth driven by all business segments; gross margin expanded 540 bps reflecting operating leverage.