---
schema_version: "secwatch.filing_event.v1"
accession: "0001653558-23-000054"
form_type: "8-K"
ticker: "PRTH"
cik: "0001653558"
company_name: "Priority Technology Holdings, Inc."
filed_at: "2023-05-11T23:59:59+00:00"
generated_at: "2026-06-15T04:14:37.823634+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Priority Tech Q1 revenue $185M (+20.8% YoY); Adj. EBITDA $37.6M (+24.1%)

## Summary
- Revenue $185.0M, up 20.8% YoY from $153.2M.
- Adjusted gross profit $63.1M (+21.8%); margin 34.1% (+30 bps).
- Operating income $16.8M, up 55.6% from $10.8M.
- Adjusted EBITDA $37.6M, up 24.1% from $30.3M.
- CEO cites strength in counter-cyclical businesses benefiting from higher interest rates.

## SEC filing metadata
- accession: 0001653558-23-000054
- form_type: 8-K
- ticker: PRTH
- cik: 0001653558
- company_name: Priority Technology Holdings, Inc.
- filed_at: 2023-05-11T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1653558/000165355823000054/0001653558-23-000054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1653558/000165355823000054/prth-20230511.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001653558-23-000054
- JSON: https://secwatch.observer/filing/0001653558-23-000054.json
- Plain text: https://secwatch.observer/filing/0001653558-23-000054.txt

## Key facts
- Earnings Releases
  Priority Technology Holdings, Inc. reported first quarter 2023 results: revenue $185.0 million.
  - Period: first quarter 2023
  - Revenue: $185.0 million
  - Result: reported results
  source text: Highlights of Consolidated Results First Quarter 2023, Compared with First Quarter 2022 Financial highlights of the first quarter of 2023 compared with the first quarter of 2022, are as follows: • Revenue of $185.0 million increased 20.8% from $153.2 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1653558/000165355823000054/0001653558-23-000054-index.htm

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