i3 Verticals Reports Second Quarter 2022 Financial Results
i3 Verticals, Inc. (IIIV)
Last i3 verticals, inc. earnings: 2/10 04:30 pm
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Source: Business Wire
Raises 2022 Outlook NASHVILLE, Tenn.--(BUSINESS WIRE)--i3 Verticals, Inc. (Nasdaq: IIIV) (“i3 Verticals” or the “Company”) today reported its financial results for the fiscal second quarter ended March 31, 2022.Highlights for the fiscal second quarter ended March 31, 2022 vs. 2021Second quarter revenue was $78.1 million, an increase of 58.8% over the prior year's second quarter. Revenue for the six months ended March 31, 2022, was $152.1 million, an increase of 62.1% over the prior year's first six months.Second quarter net loss was $10.4 million, compared to net income of $1.3 million in the prior year's second quarter. Net loss for the six months ended March 31, 2022, was $14.1 million, compared to a net loss of $1.7 million in the prior year's first six months.Second quarter net loss attributable to i3 Verticals was $7.4 million. Net loss attributable to the Company for the six months ended March 31, 2022, was $9.9 million.Adjusted EBITDA1 was $19.5 million, an increase of 59.4%
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News
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- Investors in i3 Verticals (NASDAQ:IIIV) have unfortunately lost 28% over the last three years [Yahoo! Finance]Yahoo! Finance
- i3 Verticals Announces Earnings Release and Conference Call Date for Second Quarter of Fiscal 2024 [Yahoo! Finance]Yahoo! Finance
- i3 Verticals Announces Earnings Release and Conference Call Date for Second Quarter of Fiscal 2024Business Wire
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Earnings
- 5/10/24 - Beat
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Sec Filings
- 5/10/24 - Form 8-K
- 2/23/24 - Form 8-K
- 2/14/24 - Form S-8
- IIIV's page on the SEC website