Green Dot (GDOT) Tops Q3 EPS by 18c; Reaffirms

Green Dot (NYSE: GDOT) reported Q3 EPS of $0.20, $0.18 better than the analyst estimate of $0.02. Revenue for the quarter came in at $240.4 million versus the consensus estimate of $233.95 million.

Said Green Dot Founder and CEO, Steve Streit, “We are delighted with the performance of the Unlimited product, which is already is having a positive impact on Green Dot’s entire Consumer business in just the first 13 weeks since its launch. We were also thrilled to have announced so many exciting large enterprise-size platform services partnerships with Uber, Intuit and, a unique and innovative fintech JV with Walmart, as Green Dot’s Platform continues to expand to provide incremental growth.”

Reaffirms 2019 Full Year Guidance

For earnings history and earnings-related data on Green Dot (GDOT) click here.

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