PRTH - Priority Technology GAAP EPS of -$0.15 misses by $0.08 revenue of $177.6M beats by $12.35M

2023-03-23 07:32:34 ET

• Priority Technology press release ( NASDAQ: PRTH ): Q4 GAAP EPS of -$0.15 misses by $0.08 .
• Revenue of $177.6M (+23.3% Y/Y) beats by $12.35M .
• Operating income of $18.2 million increased 41.1% from $12.9 million.
• Adjusted EBITDA (a non-GAAP measure ¹ ) of $39.8 million increased 21.0% from $32.9 million
• FY23 Outlook:
• Revenue forecasted to range between $740 million to $755 million, a growth rate of 12% to 14% vs consensus $724.10M.
• Adjusted EBITDA (a non-GAAP measure) is forecasted to range between $160 million to $165 million, a growth rate of 14% to 18%.

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