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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/15/2023 | $5.00 → $10.00 | Neutral → Buy | B. Riley Securities |
| 10/16/2023 | $4.50 | Mkt Perform | Keefe Bruyette |
| 7/31/2023 | $7.00 | Buy | Lake Street |
| 6/23/2023 | $5.00 | Neutral | B. Riley Securities |
| 3/30/2022 | $14.00 | Buy | B. Riley Securities |
Full Year 2024 Financial Guidance Priority's outlook remains strong and we are reaffirming our full year 2024 guidance: Revenue forecast to range between $875 million to $890 million, a growth rate of 16% to 18%, compared to fiscal 2023 results Adjusted EBITDA (a non-GAAP measure) forecast to range between $193 million to $198 million, a growth rate of 15% to 18% compared to fiscal 2023 results Adjusted gross profit (a non-GAAP measure) forecast to range between $325 million and $335 million, a growth rate of 18% to 22% compared to fiscal 2023 results
Priority Tech Holdings (NASDAQ:PRTH) reported quarterly losses of $(0.10) per share which missed the analyst consensus estimate of $(0.09) by 11.11 percent. This is a 33.33 percent increase over losses of $(0.15) per share from the same period last year. The company reported quarterly sales of $205.719 million which missed the analyst consensus estimate of $210.137 million by 2.10 percent. This is a 11.18 percent increase over sales of $185.028 million the same period last year.
CPX integration accelerates Ahrvo Labs' payment capabilities for data compliance customers
8-K - Priority Technology Holdings, Inc. (0001653558) (Filer)
10-Q - Priority Technology Holdings, Inc. (0001653558) (Filer)
8-K - Priority Technology Holdings, Inc. (0001653558) (Filer)
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 its Board has appointed Marc Crisafulli as Director. Crisafulli is an experienced executive and has over 30 years in legal, compliance and regulatory governance roles with various companies. In his most recent role, Crisafulli served as Executive Vice President, Government Relations, Legal and Regulatory at Bally's Corporation. Prior to that, Mr. Crisafulli held senior leadership roles with Brightstar Corporation and Suffolk Construction Company and was managing partner at Hinkley Allen & Snyder. "Mar
Priority Technology Holdings, Inc. (NASDAQ:PRTH) ("Priority" or the "Company"), a leading payments technology company delivering unified commerce solutions through its payments and banking as a service platform, is pleased to announce the appointment of Tim O'Leary to the position of Chief Financial Officer (CFO). Mr. O'Leary replaces Mike Vollkommer, who will retire on September 16. "We are excited to have Tim join Priority. His deep experience raising capital for technology companies, coupled with his extensive financial expertise and leadership, make him an excellent fit for this key role at Priority as we continue to achieve great results and execute on our transformative growth strate
Priority Technology Holdings, Inc. (NASDAQ:PRTH) ("Priority" or the "Company"), a leading payments technology company helping customers collect, store and send money, today announced the retirement of Michael Vollkommer, its Chief Financial Officer (CFO). Mr. Vollkommer, who has been the Company's Chief Financial Officer since December 2018, will retire from Priority on September 1, 2022. Subsequently, Mr. Vollkommer will remain with the Company in an advisory capacity to ensure a smooth transition and to assist in executing strategic projects going forward. The Company has begun its search for Mr. Vollkommer's replacement and expects to name the next CFO during the third quarter. "On beh
B. Riley Securities upgraded Priority Technology Holdings from Neutral to Buy and set a new price target of $10.00 from $5.00 previously
Keefe Bruyette initiated coverage of Priority Technology Holdings with a rating of Mkt Perform and set a new price target of $4.50
Lake Street initiated coverage of Priority Technology Holdings with a rating of Buy and set a new price target of $7.00
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 million, including accrued but unpaid dividends of $2.6 million. The redemption of the remaining preferred stock follows Priority's establishment of a new $835 million term loan and concurrent redemption of approximately $170 million of pr
Strong Third Quarter Growth Driven by Performance Across Unified Commerce Platform 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 with the third quarter of 2023, are as follows1: Revenue of $227.0 million increased 20.1% from $189.0 million Adjusted gross profit (a non-GAA
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 question-and-answer session will follow. Third Quarter 2024 Conference Call Thursday, November 7, 2024 11:00 a.m. Eastern Time Phone: US/Canada: (833) 636-1319 or International: (412) 902-4286 Internet webcast link and accompanying s
SC 13D/A - Priority Technology Holdings, Inc. (0001653558) (Subject)
SC 13D/A - Priority Technology Holdings, Inc. (0001653558) (Subject)
SC 13G - Priority Technology Holdings, Inc. (0001653558) (Subject)
4 - Priority Technology Holdings, Inc. (0001653558) (Issuer)
4 - Priority Technology Holdings, Inc. (0001653558) (Issuer)
4 - Priority Technology Holdings, Inc. (0001653558) (Issuer)
4 - Priority Technology Holdings, Inc. (0001653558) (Issuer)
4 - Priority Technology Holdings, Inc. (0001653558) (Issuer)
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 million, including accrued but unpaid dividends of $2.6 million. The redemption of the remaining preferred stock follows Priority's establishment of a new $835 million term loan and concurrent redemption of approximately $170 million of pr
Strong Third Quarter Growth Driven by Performance Across Unified Commerce Platform 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 with the third quarter of 2023, are as follows1: Revenue of $227.0 million increased 20.1% from $189.0 million Adjusted gross profit (a non-GAA
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 question-and-answer session will follow. Third Quarter 2024 Conference Call Thursday, November 7, 2024 11:00 a.m. Eastern Time Phone: US/Canada: (833) 636-1319 or International: (412) 902-4286 Internet webcast link and accompanying s