Priority Tech Q3 revenue $189.0M (+13.6% YoY); adj. EBITDA $45.0M (+28.2%)

Priority Technology Holdings, Inc.

2023-Q3 EPS reported -$0.47 revenue$556,333,000

Revenue $189.0M vs $166.4M in Q3 2022, up 13.6%.
Adjusted gross profit $72.3M (+23.6%); margin 38.3% (+310 bps).
Operating income $23.5M, up 66.7% from $14.1M.
Adjusted EBITDA $45.0M, up 28.2% from $35.1M.
CEO cites strong execution across SMB Acquiring, B2B, Enterprise Payments segments.

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 0.7

Priority Technology Holdings, Inc. reported the quarter ended September 30, 2023 results: revenue $189.0 million.

Period: the quarter ended September 30, 2023
Revenue: $189.0 million
Result: reported results

Exact text from the filing

Third Quarter 2023 Compared with Third Quarter 2022 Financial highlights of the third quarter of 2023 compared with the third quarter of 2022, are as follows: • Revenue of $189.0 million increased 13.6% from $166.4 million • Adjusted gross profit (a non-GAAP measure 1 ) of $72.3 million increased 23.6% from $58.5 million • Adjusted gross profit margin (a non-GAAP

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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 0001653558-23-000138

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