Priority Tech Holdings: Q1 Earnings Insights

Priority Tech Holdings (NASDAQ:PRTH) reported its Q1 earnings results on Thursday, May 11, 2023 at 07:30 AM. Here’s…

Priority Tech Holdings (NASDAQ:PRTH) reported its Q1 earnings results on Thursday, May 11, 2023 at 07:30 AM.

Here’s what investors need to know about the announcement.

Earnings

Priority Tech Holdings missed estimated earnings by 7.14%, reporting an EPS of $-0.15 versus an estimate of $-0.14.

Revenue was up $31.79 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.08 which was followed by a 3.85% increase in the share price the next day.

Here’s a look at Priority Tech Holdings’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.07 -0.06 0.02 -0.01
EPS Actual -0.15 -0.13 -0.11 -0.11
Revenue Estimate 165.25M 170.34M 162.23M 151.76M
Revenue Actual 177.56M 166.42M 166.43M 153.24M

To track all earnings releases for Priority Tech Holdings visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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