Priority Technology Holdings, Inc. (PRTH) revealed Loss for fourth quarter of -$3.769 million
The company's bottom line came in at -$3.769 million, or -$0.05 per share. This compares with -$12.598 million, or -$0.16 per share, last year.
The company's revenue for the period rose 13.9% to $227.067 million from $199.279 million last year.
Priority Technology Holdings, Inc. earnings at a glance (GAAP) :
-Earnings: -$3.769 Mln. vs. -$12.598 Mln. last year.-EPS: -$0.05 vs. -$0.16 last year.-Revenue: $227.067 Mln vs. $199.279 Mln last year.
For the fourth quarter, Priority Technology reported adjusted earnings of $14.425 million, or $0.18 per share, compared with $1.187 million, or $0.02 per share, recorded for the same period last year.
Tom Priore, CEO of Priority Technology, said: “We reported the strongest revenue performance in our history, both for the fourth quarter and the full year, driven by continued momentum in every segment of our business.”
Looking ahead, for the full-year 2025, the company expects an increase in adjusted EBITDA and revenue. Priority Technology anticipates annual adjusted EBITDA of $220 to $230 million, up 8 to 13 percent from the full-year 2024.
Annual revenue is projected to be in the range of $965 million to $1 billion, a growth of 10 to 14 percent compared with the full-year 2024.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.