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Stock impact report

Usio Announces Third Quarter 2024 Financial Results [Yahoo! Finance]

Usio, Inc. (USIO) 
Last usio, inc. earnings: 11/14 04:00 pm Check Earnings Report
Company Research Source: Yahoo! Finance
SAN ANTONIO, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Usio, Inc: (Nasdaq: USIO), a leading FinTech company that operates a full stack of integrated, cloud-based electronic payment and embedded financial solutions, today announced financial results for the third quarter, which ended September 30, 2024. Louis Hoch, President and Chief Executive Officer of Usio, said, "Results in the third quarter continue to reflect strong fundamental processing growth, disciplined cost control, and strong positive cash flow and a continued commitment to cash management. We reported GAAP net income of approximately $2.9 million, or $0.10 per share, which includes a tax benefit of approximately $3.2 million, and we also generated positive Adjusted EBITDA¹, illustrating our improved operational performance and commitment to earnings growth. More importantly, our growing implementation queue from signed deals and pipeline have never been stronger, and we are beginning to generate activity/volume from some of o Show less Read more
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