Payment Data Systems (PYDS) Reports Q4 Loss of $0.03

Payment Data Systems (NASDAQ: PYDS) reported Q4 EPS of ($0.03). Revenue for the quarter came in at $2.9 million.

Fourth Quarter 2016 Financial and Operating Summary

• Revenues were $2.9 million
• Gross margin was $0.9 million, or 30.7% of revenues
• Operating loss was $284,043
• Adjusted EBITDA1 was $204,876, or 7.1% of revenues
• Net loss was $243,382, or $0.03 per basic and diluted share
• Total dollars processed for the fourth quarter of 2016 were $736 million, down 11.7% from $833 million in the fourth quarter of 2015
• Fourth quarter transactions processed at 3.1 million were down 9.8% from a year ago

For earnings history and earnings-related data on Payment Data Systems (PYDS) click here.

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