GDOT - Green dot slips on reaffirming Q3 guidance

• Green Dot ( NYSE: GDOT ) expects that its Q3 preliminary financial  will be at or near the high end of the guidance ranges it previously communicated .

• The company had previously announced its full year non-GAAP total operating revenues to be between $1.394B and $1.430B vs. consensus of $1.42B , or up 2% year-over-year at the mid-point.
• Adjusted EBITDA to be between $230M and $240M, or up 8% year-over-year at the mid-point.

• Full year non-GAAP EPS to be between $2.35 and $2.49 vs. consensus of $2.45 , or up 10% year-over-year at the mid-point.

• The company will postpone its Investor Day, which was originally planned for November 2022, due to the recently announced CEO transition .

• Shares are down 7.94% premarket.

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