earnings
confidence high
sentiment neutral
materiality 0.60
Priority Tech Q2 revenue $262.3M (+9.4% YoY); net income $9.9M (-9.3%); adjusted EPS $0.29 (+11.5%)
Priority Technology Holdings, Inc.
- Revenue $262.3M, up 9.4% YoY (organic growth 7.2%).
- Net income $9.9M, down 9.3%; diluted EPS $0.12 vs $0.14.
- Adjusted EBITDA $59.4M, up 6.0% from $56.0M.
- Adjusted diluted EPS $0.29, up 11.5% from $0.26.
- Gross profit margin 36.0% (down 50bps); adjusted gross margin 38.1% (down 40bps).