BMTX - BM Technologies Non-GAAP EPS of -$0.43 beats by $0.18 revenue of $13.48M misses by $1.39M
2023-05-22 16:22:46 ET
- BM Technologies press release ( NYSE: BMTX ): Q1 Non-GAAP EPS of -$0.43 beats by $0.18 .
- Revenue of $13.48M (-46.2% Y/Y) misses by $1.39M .
- 2023 Outlook: The Company continues to expect Core EBITDA results for the first half of 2023 to be in-line with the second half of 2022, and for full year 2023, the Company estimates Core EBITDA of approximately $14 million. The guidance we have provided is under the expectation that we will target the transfer of our Higher Education customer deposits to FCB beginning on July 1. The Company will continue to provide updates to its 2023 financial outlook in its future earnings releases, particularly as it relates to business execution and the regulatory approval process for the anticipated transfer of our Higher Education deposits from Customers Bank to FCB.
- Shares +3.45% .
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BM Technologies Non-GAAP EPS of -$0.43 beats by $0.18, revenue of $13.48M misses by $1.39M