earnings
confidence high
sentiment positive
materiality 0.70
Priority Technology Q3 revenue +20% to $227M, adj. EBITDA +21.5% to $54.6M
Priority Technology Holdings, Inc.
2024-Q3 EPS reported
-$0.26
revenue$652,635,000
- Revenue of $227M for Q3 2024 increased 20.1% from $189M in Q3 2023.
- Adjusted gross profit rose 18.9% to $86M; margin was 37.9%, down 40 bps YoY.
- Operating income grew 62% to $38.1M from $23.5M year-over-year.
- Adjusted EBITDA up 21.5% to $54.6M compared with $45M in the prior-year quarter.