Green Dot (GDOT) Tops Q1 EPS by 22c

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Go back to Green Dot (GDOT) Tops Q1 EPS by 22c

Green Dot Reports First Quarter 2015 Non-GAAP YoY Revenue Growth of 43% to $231M, Adjusted EBITDA growth of 120% to $83M and non-GAAP EPS growth of 105% to $0.86

May 7, 2015 4:01 PM EDT

Better than forecasted Q1 results; but higher MoneyPak headwinds now forecast for full year

PASADENA, Calif.--(BUSINESS WIRE)-- Green Dot Corporation (NYSE: GDOT), today reported financial results for the first quarter ended March 31, 2015.

For the first quarter of 2015, Green Dot reported growth of 43% year-over-year in both consolidated GAAP and non-GAAP total operating revenues1 to $227.2 million and $230.9 million, respectively, and growth of 120% in adjusted EBITDA to $83.0 million. Green Dot also reported $0.76 in GAAP diluted earnings per share and $0.86 in non-GAAP diluted earnings per share1, representing 131% and 105% year-over-year growth, respectively.... More