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    Priority Technology Reiterated FY24 Revenue of $875M-$890M Vs $873.51M Est

    5/9/24 8:04:09 AM ET
    $PRTH
    Real Estate
    Real Estate
    Get the next $PRTH alert in real time by email

    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
    Get the next $PRTH alert in real time by email

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    Recent Analyst Ratings for
    $PRTH

    DatePrice TargetRatingAnalyst
    1/16/2025$10.00 → $14.00Mkt Perform → Outperform
    Keefe Bruyette
    12/15/2023$5.00 → $10.00Neutral → Buy
    B. Riley Securities
    10/16/2023$4.50Mkt Perform
    Keefe Bruyette
    7/31/2023$7.00Buy
    Lake Street
    6/23/2023$5.00Neutral
    B. Riley Securities
    3/30/2022$14.00Buy
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    Priority Technology Holdings upgraded by Keefe Bruyette with a new price target

    Keefe Bruyette upgraded Priority Technology Holdings from Mkt Perform to Outperform and set a new price target of $14.00 from $10.00 previously

    1/16/25 11:09:20 AM ET
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    Priority Technology Holdings upgraded by B. Riley Securities with a new price target

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    Keefe Bruyette initiated coverage on Priority Technology Holdings with a new price target

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    Priority Technology Holdings, Inc. Announces Fourth Quarter and Full Year 2025 Financial Results

    Strong Fourth Quarter Growth Driven by Performance Across Diverse Business Segments Priority Technology Holdings, Inc. (NASDAQ:PRTH) ("Priority" or the "Company"), a payments and banking fintech purpose-built to collect, store, lend and send money with a connected commerce engine that combines full-service merchant acquiring for accounts receivable, complete automated payables tools for bill payment, and sophisticated treasury management solutions to accelerate cash flow and optimize working capital for its customers, announced its fourth quarter and full year 2025 financial results including strong year-over-year diversified revenue growth. Highlights of Consolidated Results Fourth Q

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    Axos Bank Selects Priority Rollfi to Power Back Office Payroll and Benefits Solutions

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    SEC Form 10-K filed by Priority Technology Holdings Inc.

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    Priority Technology Holdings Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

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    Priority Technology Holdings Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

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    President, CEO and Chairman Priore Thomas Charles bought $2,129,546 worth of shares (598,187 units at $3.56), increasing direct ownership by 2% to 34,319,476 units (SEC Form 4)

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    O'Leary Tim bought $41,000 worth of shares (10,000 units at $4.10), increasing direct ownership by 20% to 59,752 units (SEC Form 4)

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    Amendment: Chief Accounting Officer Kumar Rajiv converted options into 3,847 shares, increasing direct ownership by 8% to 49,921 units (SEC Form 4)

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    Chief Financial Officer O'Leary Tim converted options into 46,154 shares, increasing direct ownership by 21% to 263,415 units (SEC Form 4)

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