Priority Technology Holdings

Priority Technology Holdings, Inc. is a provider of merchant acquiring and commercial payments solutions with a platform of micro services that activate and monetize vertically specialized merchant networks. It offers unique product capabilities to businesses, enterprises and distribution partners such as retail independent sales organizations, financial institutions, wholesale ISOs, and independent software vendors in the United States. The company operates through three reportable segments: Consumer Payments, Commercial Payments, and Integrated Partners. The Consumer Payments represents consumer-related services and offerings including merchant acquiring and transaction processing services including the proprietary MX enterprise suite. The Commercial Payments represents services provided to certain enterprise customers, including outsourced sales force to those customers and accounts payable automation services to commercial customers. The Integrated Partners represents payment adjacent services that are provided primarily to the health care and residential real estate industries. The company was founded on April 23, 2015 and is headquartered in Alpharetta, GA.

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Priority Technology Holdings reports robust Q4 performance and eyes future growth opportunities

Priority Technology Holdings reported strong financial performance in Q4 2022 and full-year 2022, with revenue and profitability showing significant growth. The company is optimistic about future revenue guidance for 2023 and expects improved margins in the coming years.
Despite challenges in certain segments, Priority Technology Holdings is focused on leveraging opportunities such as Passport adoption, consumer wellness program trends, and selective platform partnerships. The company's cautious guidance hints at substantial potential ahead.

Priority Technology Holdings excels in Q1 2023, eyes strategic growth

Priority Technology Holdings delivered robust financial results in Q1 2023, showcasing growth across key segments and a focus on enhancing partner experiences. While facing challenges in certain revenue streams, the company remains optimistic about future growth opportunities through acquisitions and new product launches.

Priority Technology Holdings reports strong Q2 earnings, eyes Plastiq integration

Priority Technology Holdings demonstrated robust financial performance in Q2 2023, with revenue and adjusted EBITDA showing significant growth year-to-date.
The acquisition of Plastiq and emphasis on a unified commerce platform position Priority well for future growth and meeting customer needs effectively.
While facing challenges related to Plastiq's revenue model changes and bankruptcy proceedings, Priority has opportunities to drive growth through segment-level performance and service expansion.

Priority Technology Holdings (PRTH) reports strong Q3 earnings and growth opportunities

Priority Technology Holdings (PRTH) delivered strong Q3 results, with revenue growth, increased adjusted EBITDA, and a focus on unified commerce and revenue optimization across segments.
The company faces challenges in managing debt levels, navigating pricing dynamics, and balancing revenue growth with margin considerations, requiring strategic decision-making and operational efficiency.
Opportunities lie in leveraging unified commerce demand, innovating to meet customer needs, accelerating merchant counts, and exploring new market opportunities in the fintech sector for sustained growth.
Management's dedication to a fintech model and commitment to delivering results underscore a strategic focus on performance optimization and long-term value creation for investors.

Priority Technology Holdings achieves record Q4 results, eyes growth

PRTH's Q4 2023 marked a historic performance with record revenue and adjusted EBITDA, setting the stage for continued growth in 2024.
The company's focus on recurring gross profit, capital deployment, and strategic growth initiatives positions it well for future success.
Challenges in operating expenses and debt management require attention, but opportunities in new sectors and automation tools offer avenues for growth.
Overall, PRTH's strong financial results, customer growth, and strategic outlook indicate a positive trajectory for the company.

Priority Technology Holdings reports record Q1 results and eyes strategic growth

Priority Technology Holdings delivered a strong performance in Q1 2024, achieving record revenue and profitability metrics across its segments. The company's strategic focus on margin expansion, debt refinancing, and acquisitions underscores a commitment to sustainable growth and financial efficiency.
While facing challenges such as segment-specific revenue impacts and pending recapitalization efforts, Priority Technology Holdings remains poised to navigate these hurdles through strategic adjustments and operational excellence. The company's proactive approach to addressing challenges and capitalizing on opportunities positions it well for future growth and value creation.
With a solid foundation of financial strength and a clear growth strategy, Priority Technology Holdings is well-positioned to capitalize on market opportunities and drive continued success. By leveraging its strengths, addressing challenges, and pursuing growth opportunities, the company demonstrates resilience and adaptability in a dynamic business environment.

Priority Technology Holdings reports record Q3 results, poised for growth

Priority Technology Holdings delivered exceptional financial results in Q3 2024, with revenue and adjusted EBITDA showing significant growth, supported by a diverse customer base and innovative solutions.
The company's strategic focus on innovation, cross-selling, and market positioning has yielded positive outcomes, driving revenue, profitability, and market share expansion.
While challenges exist in sustaining growth and integration, Priority Technology Holdings is well-positioned to capitalize on opportunities for further market penetration and technological advancement.

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Priority Technology Holdings, Inc. engages in the provision of merchant acquiring and commercial payments solutions with a platform of micro services that activate and monetize vertically specialized merchant networks. It operates through the following segments: SMB Acquiring Solutions, B2B Payables, and Enterprise Payments and BaaS. The SMB Acquiring Solutions segment offers full-service acquiring and payment-enabled solutions for B2C transactions, leveraging Priority's proprietary software platform, distributed through ISO, direct sales, and vertically focused ISV channels. The B2B Payables segment refers to market AP automation solutions to corporations, software partners, and industry FIs. The Enterprise Payments and BaaS segment focuses on embedded finance and BaaS solutions to customers to modernize legacy platforms and accelerate software partners' strategies to monetize payments. The company was founded by John V. Priore on April 23, 2015 and is headquartered in Alpharetta, GA.

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Priority Technology (PRTH) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Priority Technology (PRTH) Is Attractively Priced Despite Fast-paced Momentum

The average of price targets set by Wall Street analysts indicates a potential upside of 36.9% in Priority Technology (PRTH). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Believe Priority Technology (PRTH) Could Rally 36.92%: Here's is How to Trade

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Priority Technology (PRTH) Stock Undervalued Right Now?

Priority Technology (PRTH) Shows Fast-paced Momentum But Is Still a Bargain Stock

Does Priority Technology (PRTH) have what it takes to be a top stock pick for momentum investors? Let's find out.

What Makes Priority Technology (PRTH) a Strong Momentum Stock: Buy Now?

ALPHARETTA, Ga.--(BUSINESS WIRE)--Priority Technology Holdings, Inc. (NASDAQ: PRTH) ("Priority" or the "Company"), the payments and banking solution that streamlines collecting, lending and sending money to unlock revenue opportunities, today announced that it has filed a shelf registration statement on Form S-3 with the Securities and Exchange Commission (SEC) for registration of shares of the Company's common stock. If and when declared effective by the SEC, the shelf registration statement w.

Priority Technology Holdings, Inc., Files Shelf Registration Statement

Should Value Investors Buy Priority Technology (PRTH) Stock?

ALPHARETTA, Ga.--(BUSINESS WIRE)--Priority Technology Holdings, Inc. (NASDAQ: PRTH) ("Priority" or the "Company"), the payments and banking solution that streamlines collecting, storing, lending and sending money to unlock revenue opportunities, today announced the successful redemption in full of the remaining preferred stock on its balance sheet. The redemption was completed with proceeds from a $115 million increase to its existing term loan due May 2031. The redemption totaled $113.3 millio.

Priority Technology Holdings, Inc., Announces Redemption of Preferred Stock and Simplified Capital Structure

Priority Technology Holdings, Inc. (NASDAQ:PRTH ) Q3 2024 Earnings Conference Call November 7, 2024 11:00 AM ET Company Participants Chris Kettmann - Investor Relations Tom Priore - Chairman & Chief Executive Officer Tim O'Leary - Chief Financial Officer Conference Call Participants Brian Kinstlinger - Alliance Global Partners Jacob Stephan - Lake Street Capital Markets Hal Goetsch - Loop Capital Clark Orsky - Obra Capital Operator Good day, and welcome to the Priority Technology Holdings Third Quarter 2024 Earnings Call. All participants will be in listen-only mode.

Priority Technology Holdings, Inc. (PRTH) Q3 2024 Earnings Call Transcript

Priority Technology Holdings says its B2B business has helped it reach “record” results. The payments and banking FinTech reported quarterly earnings Thursday (Nov. 7) showing revenues of $227 million, up 20% from $189 million.

Priority's B2B Business Helps Fuel 20% Jump in Revenues

ALPHARETTA, Ga.--(BUSINESS WIRE)--Priority Technology Holdings, Inc. (NASDAQ: PRTH) ("Priority" or the "Company"), the payments and banking fintech that streamlines collecting, lending, and sending money to unlock revenue opportunities, today announced its third quarter 2024 financial results including strong year-over-year diversified revenue growth. Highlights of Consolidated Results Third Quarter 2024 Compared with Third Quarter 2023 Financial highlights of the third quarter of 2024 compared.

Priority Technology Holdings, Inc. Announces Third Quarter Financial Results

ALPHARETTA, Ga.--(BUSINESS WIRE)--Priority Technology Holdings, Inc. (NASDAQ: PRTH) (“Priority” or the “Company”), the payments and banking fintech that streamlines collecting, storing, lending and sending money to unlock revenue opportunities, today announced that it will release its third quarter 2024 financial results before financial markets open on Thursday, November 7, 2024. In addition, the Company will host a conference call and webcast to review its financial and operating results. A q.

Priority Technology Holdings, Inc. Announces Third Quarter 2024 Financial Results Release Date and Conference Call Information

Priority Technology Holdings is poised to benefit from the growing adoption of mobile payments and innovative payment methods, driving substantial revenue and FCF growth. The company's strong network of distribution partners, successful inorganic growth strategies, and acquisition of new clients support its undervaluation and future growth potential. Financial forecasts indicate a fair price of $8.19 per share, suggesting significant upside from the current market price.

Priority Technology: Mobile Payments And FCF Growth Indicate Undervaluation

Priority Technology Holdings, Inc. (NASDAQ:PRTH ) Q2 2024 Earnings Conference Call August 8, 2024 11:00 AM ET Company Participants Chris Kettmann - Investor Relations Tom Priore - Chairman & Chief Executive Officer Tim O'Leary - Chief Financial Officer Conference Call Participants Tim Switzer - KBW Jacob Stephan - Lake Street Operator Good day, and welcome to the Priority Technology Holdings Second Quarter 2024 Earnings Call. All participants will be in listen-only mode.

Priority Technology Holdings, Inc. (PRTH) Q2 2024 Earnings Call Transcript

ALPHARETTA, Ga.--(BUSINESS WIRE)--Priority Technology Holdings, Inc. (NASDAQ: PRTH) ("Priority" or the "Company"), the platform for unified commerce that delivers integrated payments and banking services at scale, today announced its second quarter 2024 financial results including strong year-over-year diversified revenue growth. Highlights of Consolidated Results Second Quarter 2024 Compared with Second Quarter 2023 Financial highlights of the second quarter of 2024 compared with the second qu.

Priority Technology Holdings, Inc. Announces Second Quarter Financial Results

ALPHARETTA, Ga.--(BUSINESS WIRE)--Priority Technology Holdings, Inc. (NASDAQ: PRTH) (“Priority” or the “Company”), the platform for unified commerce that delivers integrated payments and banking at scale, today announced that it will release its second quarter 2024 financial results before financial markets open on Thursday, August 8, 2024. In addition, the Company will host a conference call and webcast to review its financial and operating results. A question-and-answer session will follow. S.

Priority Technology Holdings, Inc. Announces Second Quarter 2024 Financial Results Release Date and Conference Call Information

ALPHARETTA, Ga.--(BUSINESS WIRE)--Priority Technology Holdings, Inc. (NASDAQ: PRTH) ("Priority" or the "Company"), the platform for unified commerce that delivers integrated payments and banking services at scale, today announced the successful completion of its debt refinance. The refinancing included the payoff of approximately $170 million of preferred equity and reduces the cost of the outstanding debt by 100 basis points. As part of the transaction, Priority issued a new $835 million term.

Priority Technology Holdings, Inc. Announces Successful Completion of Debt Refinance

Priority Technology Holdings, Inc. (NASDAQ:PRTH ) Q1 2024 Earnings Conference Call May 9, 2024 11:00 AM ET Company Participants Chris Kettmann - Investor Relations Tom Priore - Chairman & Chief Executive Officer Tim O'Leary - Chief Financial Officer Conference Call Participants Tim Switzer - KBW Jacob Stephan - Lake Street Operator Good day, and welcome to the Priority Technology First Quarter 2024 Conference Call. All participants will be in listen-only mode.

Priority Technology Holdings, Inc. (PRTH) Q1 2024 Earnings Call Transcript

ALPHARETTA, Ga.--(BUSINESS WIRE)--Priority Technology Holdings, Inc. (NASDAQ: PRTH) ("Priority" or the "Company"), the platform for unified commerce that delivers integrated payments and banking services at scale, today announced its first quarter 2024 financial results including strong year-over-year diversified revenue growth. Highlights of Consolidated Results First Quarter 2024 Compared with First Quarter 2023 Financial highlights of the first quarter of 2024 compared with the first quarter.

Priority Technology Holdings, Inc. Announces First Quarter Financial Results

ALPHARETTA, Ga.--(BUSINESS WIRE)--Priority Technology Holdings, Inc. (NASDAQ: PRTH) (“Priority” or the “Company”), the platform for unified commerce that delivers integrated payments and banking at scale, today announced that it will release its first quarter 2024 financial results before financial markets open on Thursday, May 9, 2024. In addition, the Company will host a conference call and webcast to review its financial and operating results. A question-and-answer session will follow. First.

Priority Technology Holdings, Inc. Announces First Quarter 2024 Financial Results Release Date and Conference Call Information

ALPHARETTA, Ga.--(BUSINESS WIRE)--Priority Technology Holdings, Inc., (Priority), a leading platform for unified commerce that delivers integrated payments and banking at scale, has announced a strategic partnership with Ahrvo Labs Inc., through Ahrvo's Portable Identity Gateway. Ahrvo Labs has integrated Priority's payment and banking offerings into the gateway, a payments and banking network that provides access to 200-plus financial institutions through one onboarding process. This integrati.

Priority and Ahrvo Labs Announce Strategic Technology Partnership

Priority Technology Holdings saw demand for its payments and Banking-as-a-Service (BaaS) offerings grow across its three segments: small- to medium-sized business (SMB) acquiring solutions, B2B payables and enterprise BaaS. Overall, the company's revenue increased 12% year-over-year in the fourth quarter of 2023, Priority said in a Tuesday (March 12) earnings release.

Priority Technology Holdings Sees Demand for Tools for ‘Real-Time Economy'

Priority Technology Holdings, Inc. (PRTH) Q4 2023 Earnings Call Transcript

ALPHARETTA, Ga.--(BUSINESS WIRE)--Priority Technology Holdings, Inc. (NASDAQ: PRTH) ("Priority" or the "Company"), the platform for unified commerce that delivers integrated payments and banking services at scale, today announced its fourth quarter and full year 2023 financial results including strong year-over-year diversified revenue growth. Highlights of Consolidated Results Fourth Quarter 2023 Compared with Fourth Quarter 2022 Financial highlights of the fourth quarter of 2023 compared with.

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