Priority Technology: Q4 Financial Results Overview

Priority Technology Holdings Announces Fourth Quarter Results

Priority Technology Holdings, based in Alpharetta, Georgia, revealed on Tuesday that it earned $8.9 million during the fourth quarter.

The company reported net earnings of $0.11 per share, while adjusted earnings, which exclude one-time expenses, reached $0.27 per share.

During this quarter, Priority Technology Holdings generated $247.1 million in revenue.

Looking at the full year, the business achieved a profit of $55.7 million, or $0.68 per share, with total annual revenue amounting to $953 million.

For the upcoming year, Priority Technology Holdings anticipates revenue to fall between $1.01 billion and $1.04 billion.