Priority Tech Q1 revenue $205.7M (+11.2%); adjusted EBITDA $46.3M (+23.1%)

Priority Technology Holdings, Inc.

2024-Q1 EPS reported -$0.10 revenue$205,719,000

Revenue of $205.7M, up 11.2% YoY from $185.0M.
Adjusted gross profit $76.4M (+21.2%); margin expanded 300 bps to 37.1%.
Operating income $28.0M, up 66.3% from $16.8M.
Adjusted EBITDA $46.3M, up 23.1% from $37.6M.
Growth driven by performance across unified commerce platform.

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 first quarter 2024 results: revenue $205.7 million.

Period: first quarter 2024
Revenue: $205.7 million
Result: reported results

Exact text from the filing

First Quarter 2024 Compared with First Quarter 2023 Financial highlights of the first quarter of 2024 compared with the first quarter of 2023, are as follows 1 : • Revenue of $205.7 million increased 11.2% from $185.0 million • Adjusted gross profit (a non-GAAP measure 2 ) of $76.4 million increased 21.2% from $63.1 million • Adjusted gross profit margin (a non-GAAP

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Priority Technology Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001653558-24-000067

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