Brief: I3 Verticals Q3 Revenue USD 51.901 Million Vs. IBES Estimate USD 49.1 Million

i3 Verticals

07/08/2025 21:22

Overview

I3 Verticals fiscal Q3 revenue rises 12.4%, beating analyst expectations

Company reports net loss from continuing operations of $1.0 mln, improved from $14.4 mln loss last year

Adjusted EBITDA increases 18% to $12.7 mln, reflecting operational efficiency

Outlook

Company reaffirms FY 2025 revenue outlook of $207 mln to $217 mln

Company reaffirms FY 2025 adjusted EBITDA guidance of $55 mln to $61 mln

Company reaffirms FY 2025 adjusted EPS guidance of $0.96 to $1.06

Company plans continued investment in government technology

Result Drivers

RECURRING CONTRACTS - Revenue growth driven by recurring contracts, with SaaS growth leading at 24%, per CEO Greg Daily

PAYMENTS REVENUE - Payments revenue increased by 11% compared to the prior year quarter

DIVESTITURE IMPACT - Smooth completion of Healthcare RCM Business divestiture, allowing focus on core software solutions

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$51.90 mln
$49.10 mln (4 Analysts)
Q3 Net Income
$18.42 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the financial technology (fintech) peer group is "buy"

Wall Street's median 12-month price target for I3 Verticals Inc is $33.00, about 13.9% above its August 6 closing price of $28.41

The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 20 three months ago

Press Release: ID:nBw1qjjQha

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)