CASH - Meta Financial reports Q3 results

• Meta Financial press release ( NASDAQ: CASH ): Q3
• Revenue of $126.1M (-3.7% Y/Y) misses by $3.98M .
• Net interest income for the third quarter was $72.2 million, an increase of $3.7 million compared to $68.5 million in the third quarter last year.
• On May 15, 2022, the Company retired the outstanding $75.0 million subordinated debt, which was due August 15, 2026.
• The Company resumed share repurchases on July 1, 2022, and through July 22, 2022, the Company repurchased 305,700 shares of common stock at an average share price of $40.74. There are 4,562,477 shares available for repurchase under the common stock share repurchase program announced during the fourth quarter of fiscal year 2021.
• The Company reinstated guidance and expects fiscal year 2023 GAAP earnings per share to be in the range of $5.25 and $5.75. The Company expects fiscal year 2023 adjusted earnings per share to be in the range of $5.10 and $5.60. See non-GAAP reconciliation table below.

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