earnings
confidence high
sentiment positive
materiality 0.70
Priority Tech Q2 revenue $219.9M (+20.6% YoY); adj EBITDA $51.6M (+25.4%)
Priority Technology Holdings, Inc.
2024-Q2 EPS reported
-$0.33
revenue$425,586,000
- Revenue $219.9M, up 20.6% YoY from $182.3M; adjusted gross profit $81.7M (+22.0%).
- Operating income $33.2M, up 73.4% from $19.1M; adjusted EBITDA $51.6M vs $41.1M.
- Adjusted gross profit margin improved 40 bps to 37.2%.
- Results driven by strong performance across unified commerce platform; no EPS reported.