Priority Technology Q3 revenue $166.4M (+25.6% YoY); Adj. EBITDA $35.1M (+48.7%)

Priority Technology Holdings, Inc.

2022-Q3 EPS reported -$0.35 revenue$486,086,000

Revenue of $166.4M increased 25.6% YoY; operating income of $14.1M up 69.9%.
Gross profit (non-GAAP) $58.5M, up 47.4%; margin 35.1%, up 510 basis points.
Adjusted EBITDA of $35.1M increased 48.7% from $23.6M in Q3 2021.
Strong growth across all business segments; diversified revenue growth highlighted.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Priority Technology Holdings, Inc. reported the quarter ended September 30, 2022 results: revenue $166.4 million.

Period: the quarter ended September 30, 2022
Revenue: $166.4 million
Result: reported results

Exact text from the filing

Third Quarter 2022, Compared with Third Quarter 2021 Financial highlights of the third quarter of 2022 compared with the third quarter of 2021, are as follows: • Revenue of $166.4 million increased 25.6% from $132.5 million. • Gross profit (a non-GAAP measure 1 ) of $58.5 million increased 47.4% million from $39.7 million. • Gross profit margin (a non-GAAP measure

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8 earnings releases filed in the last 30 days. Browse all earnings releases →

Priority Technology Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001653558-22-000125

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