earnings
confidence high
sentiment positive
materiality 0.65
Priority Tech Q4 2023 revenue $199.3M (+12.2% YoY); adj. EBITDA $44.6M (+12.2%)
Priority Technology Holdings, Inc.
- Revenue of $199.3M in Q4 2023, up 12.2% YoY from $177.6M.
- Adjusted gross profit $72.9M (+19.5%); margin improved 230 bps to 36.6%.
- Full-year 2023 revenue $755.6M (+13.9%); adj. EBITDA $168.3M (+20.0%).
- Operating income Q4 $22.0M (+21.1%); full-year $81.5M (+45.2%).