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Stock impact report

Usio Reiterates Fiscal 2023 Revenue Growth Guidance of 18-20%

Usio, Inc. (USIO) 
Last usio, inc. earnings: 11/14 04:00 pm Check Earnings Report
Company Research Source: Business Wire
Electronic Payments Processing Volume Jumps 21% in Fourth Quarter Excluding Crypto VolumesExpects to Report Record Fiscal 2023 Revenues and Positive Full Year Adjusted EBITDA SAN ANTONIO--(BUSINESS WIRE)--Usio, Inc. (Nasdaq: USIO), a cloud-based, integrated FinTech electronic payment solutions provider, today reiterated Guidance that full year 2023 revenues will increase 18 – 20% from full year 2022 based on strong fourth quarter transactions and processing volume, as reported below.Louis Hoch, President and Chief Executive Officer of Usio, said, “We expect our strong fourth quarter electronic payments processing dollar volume and transaction growth to drive full-year revenues up 18 – 20% to a new record high, and to deliver positive Adjusted EBITDA for the year.”Total Dollars processed in the fourth quarter of 2023 were up 21% compared to the same period last year, led by a 65% increase in purchase volume in Usio’s Prepaid business, where total dollars loaded on prepaid cards exce Show less Read more
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