Priority Technology Holdings, Inc. Announces Third Quarter 2020 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- Wall St set for higher open as investors weigh Mideast negotiations
- Oil falls after US-Iran talks signal easing supply risks
- Intel soars after Trump says Apple agreed to work with chipmaker on US production
- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
- Wall Street scrambles to lift Micron price targets ahead of earnings
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- China makes small dent in deflation battle as supply-demand imbalance persists
- Sanuwave cuts Q2 2026 revenue guidance amid Ultramist sales pressure
Priority Technology Holdings (PRTH) Reports Q3 EPS of $0.60, Revenues Miss
November 12, 2020 5:08 PM ESTPriority Technology Holdings (NASDAQ: PRTH) reported Q3 EPS of $0.60, versus ($0.09) reported last year. Revenue for the quarter came in at $109 million versus the consensus estimate of $115.2 million.
Highlights of Consolidated Results
Third Quarter 2020, Compared with Third Quarter 2019
Financial highlights of the third quarter of 2020 compared with the third quarter of 2019, are as follows:
Revenue of $109.0 million increased 16.1% from $93.9 million.Gross profit (a non-GAAP measure1) of $34.0 million increased 12.7% from $30.2 million.Gross profit margin (a non-GAAP measure1) of 31.2% decreased 94 basis points from 32.1%.Income from... More