Green Dot (GDOT) Tops Q1 EPS by 2c; Guides For FY
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Green Dot (NYSE: GDOT) reported Q1 EPS of $0.48, $0.02 better than the analyst estimate of $0.46. Revenue for the quarter came in at $145.5 million versus the consensus estimate of $142 million.
Adjusted EBITDA year-over-year growth is now expected to be in the 8-12% range, reflecting $14 million in incremental operating expenses during the remainder of this year that the Company expects to incur as a result of the acquisition of Loopt, Inc. Non-GAAP diluted EPS for the full year reflecting these additional costs is now expected to be in the $1.65-1.70 range. (Consensus is $1.81)
For earnings history and earnings-related data on Green Dot (GDOT) click here.
Adjusted EBITDA year-over-year growth is now expected to be in the 8-12% range, reflecting $14 million in incremental operating expenses during the remainder of this year that the Company expects to incur as a result of the acquisition of Loopt, Inc. Non-GAAP diluted EPS for the full year reflecting these additional costs is now expected to be in the $1.65-1.70 range. (Consensus is $1.81)
For earnings history and earnings-related data on Green Dot (GDOT) click here.
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