REPAY Reports First Quarter 2019 Financial Highlights and Reaffirms 2019 Outlook
TruBridge, Inc. (TBRG)
Company Research
Source: PR Newswire
ATLANTA, May 21, 2019 /PRNewswire/ -- Repay Holdings, LLC, a leading provider of vertically-integrated payment solutions, together with its parent, Hawk Parent Holdings, LLC (together, "REPAY"), today reported financial highlights for the three months ended March 31, 2019."Our first quarter results performed ahead of our expectations, with a year-over-year increase in card payment volume and total revenue of approximately 32% and 20%, respectively," said John Morris, CEO of REPAY. We believe our results demonstrate that we have a competitive position in a growing market that has historically been under penetrated by card payments. We expect to take advantage of this large and growing market by expanding usage of our existing clients while also targeting new clients in existing verticals. In addition, we look to broaden our addressable market through both strategic M&A and expansion into new verticals.""We remain excited about the pending merger with Thunder Bridge, and are grateful f
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