Priority Technology Holdings ( (PRTH) ) has released its Q1 earnings. Here is a breakdown of the information Priority Technology Holdings presented to its investors.
Priority Technology Holdings, Inc., a fintech company specializing in payments and banking solutions, has reported its first-quarter financial results for 2025, showcasing significant growth across its unified commerce platform. The company operates in the financial technology sector, focusing on streamlining money transactions to enhance revenue opportunities for businesses.
In the first quarter of 2025, Priority Technology Holdings demonstrated robust financial performance with a notable increase in revenue and profits. The company reported a 9.2% rise in revenue, reaching $224.6 million compared to the same period last year. The adjusted gross profit saw a 14.2% increase, while the operating income grew by 16.4%. The company’s adjusted EBITDA also rose by 10.7%, highlighting its strong operational efficiency.
Key financial metrics for the quarter included an adjusted gross profit margin of 38.9%, up 170 basis points from the previous year. The adjusted earnings per share (EPS) saw a remarkable increase of 633.3%, reaching $0.22. These results underscore the effectiveness of Priority’s diverse platform, which continues to gain market share in traditional payment segments despite economic uncertainties.
Looking ahead, Priority Technology Holdings maintains a positive outlook for the full year of 2025. The company forecasts revenue growth between 10% and 14%, with adjusted gross profit and adjusted EBITDA expected to grow by 10% to 17% and 8% to 13%, respectively. This optimistic guidance reflects the company’s confidence in its strategic positioning and ability to navigate the evolving financial landscape.