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Stock impact report

i3 Verticals Reports First Quarter 2024 Financial Results [Yahoo! Finance]

i3 Verticals, Inc. (IIIV) 
Last i3 verticals, inc. earnings: 2/10 04:30 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Verticals" or the "Company") today reported its financial results for the fiscal first quarter ended December 31, 2023. Highlights for the three months ended December 31, 2023 vs. 2022 Revenue was $92.0 million, an increase of 6.9% over the prior year's first quarter. Net income was $1.5 million, compared to net income of $0.2 million in the prior year's first quarter. Net income attributable to i3 Verticals, Inc. was $1.1 million, compared to net loss attributable to i3 Verticals, Inc. of $0.2 million in the prior year's first quarter. Adjusted EBITDA was $25.2 million, an increase of 6.6% over the prior year's first quarter. Adjusted EBITDA as a percentage of revenue was 27.4%, unchanged from the prior year's first quarter. Diluted net income per share available to Class A common stock was $0.04, compared to diluted net loss per share available to Class A common stock of $0.01 in the prior year's first quarter. Pro forma adjusted diluted earnings per share , which gi Show less Read more
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