Brief: Usio Inc - Strong Momentum Expected To Drive 18-20% Growth In Revenue And Positive Operating Cash Flow And Adjusted EBITDA In Fiscal 2023

Usio

08/03/2023 21:05

March 8 (Reuters) - Usio Inc  USIO.O :
    * USIO ANNOUNCES RECORD FOURTH QUARTER AND FULL YEAR 2022
FINANCIAL RESULTS
    * STRONG MOMENTUM EXPECTED TO DRIVE 18-20% GROWTH IN REVENUE
AND
POSITIVE OPERATING CASH FLOW AND ADJUSTED EBITDA IN FISCAL 2023
    * REVENUES WERE $18.7 MILLION FOR Q4, UP 7% COMPARED TO
$17.4
MILLION IN SAME PERIOD LAST YEAR
    * Q4 REVENUE VIEW $18.8 MILLION -- REFINITIV IBES DATA
    * NET LOSS FOR Q4 OF 2022 WAS $0.15 MILLION, OR $0.01 PER
SHARE
    * Q4 EARNINGS PER SHARE VIEW $-0.02 -- REFINITIV IBES DATA

Source text for Eikon:  ID:nBw5W66y2a 
Further company coverage:  USIO.O 

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