Picture of Priority Technology Holdings logo

PRTH — Priority Technology Holdings News Story

0.000.00%
us flag iconLast trade - 00:00
FinancialsAdventurousMid CapSuper Stock

Priority Technology Q3 revenue growth misses analyst expectations

Overview

Priority Technology Q3 revenue grows 6.3% yr/yr, missing analyst expectations

Adjusted EBITDA for Q3 rises 5.7% yr/yr but misses analyst estimates

Adjusted EPS increases 55.6% yr/yr, reflecting strong performance

Outlook

Company forecasts full-year 2025 revenue between $950 mln and $965 mln

Priority expects full-year 2025 adjusted EBITDA between $223 mln and $228 mln

Company anticipates strong growth in Payables and Treasury Solutions segments

Result Drivers

TREASURY SOLUTIONS GROWTH - Co reports 18% revenue growth in Treasury Solutions, contributing to overall performance

PAYABLES SEGMENT EXPANSION - Co notes 14% revenue growth in Payables segment, aiding financial results

OPERATIONAL INITIATIVES - Co highlights launch of residual financing facility and card acquiring in Canada as key operational wins

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 RevenueMiss$241.44 mln$251.74 mln (5 Analysts)
Q3 Net Income$27.59 mln
Q3 Adjusted EBITDAMiss$57.76 mln$58.70 mln (4 Analysts)
Q3 Gross Margin37.20%
Q3 EBITDA$44.97 mln
Q3 Gross Profit$89.77 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "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 Priority Technology Holdings Inc is $13.00, about 46.6% above its November 5 closing price of $6.94 The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 6 three months ago Press Release: ID:nBw4v2JmVa For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (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.)

Recent news on Priority Technology Holdings

See all news