secwatch.observer — SEC 8-K summary
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Issuer:     Priority Technology Holdings, Inc. (PRTH)
CIK:        0001653558
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0001653558-24-000141
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Priority Technology Q3 revenue +20% to $227M, adj. EBITDA +21.5% to $54.6M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1653558/000165355824000141/0001653558-24-000141-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1653558/000165355824000141/prth-20241107.htm
  HTML page:      https://secwatch.observer/filing/0001653558-24-000141

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