secwatch.observer — SEC 8-K summary
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Issuer:     Priority Technology Holdings, Inc. (PRTH)
CIK:        0001653558
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0001653558-24-000057
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Priority Technology Q1 2024 preliminary revenue $205.7M, up 11.2% YoY; adj. EBITDA +23.1%
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- Revenue $205.7M (+11.2% YoY); adjusted gross profit $76.4M (+21.2%), margin 37.2% (+310 bps).
- Adjusted EBITDA $46.3M (+23.1% YoY); net income $5.2M vs loss $0.5M in Q1 2023.
- Full Q1 results and conference call scheduled for May 9, 2024; no guidance change.
- Non-GAAP reconciliations show cost of revenue excl. D&A $129.3M, EBITDA $43.9M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1653558/000165355824000057/0001653558-24-000057-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1653558/000165355824000057/prth-20240425.htm
  HTML page:      https://secwatch.observer/filing/0001653558-24-000057

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer