Payment Data Systems (PYDS) Reports Breakeven Q2 EPS

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PYDS Reports Quarterly Revenue for the Second Quarter of 2015

August 14, 2015 5:00 PM EDT

SAN ANTONIO, Aug. 14, 2015 (GLOBE NEWSWIRE) -- Payment Data Systems, Inc. (NASDAQ: PYDS) an integrated electronic payments solutions provider, today announced financial results for the quarter ended June 30, 2015.

Revenues for the quarter ended June 30, 2015 grew 4% to $3,424,756 as compared to $3,304,173 for the same period in 2014 due to higher transaction volumes in credit card and debit card and ACH processing. Gross profit for the quarter ended June 30, 2015 grew 5% to $998,144 from $954,905 for the same period in 2014.

Operating income for the quarter ended June 30, 2015 declined to $91,833 when compared to $466,379 for the same period in 2014. The decline was... More

PYDS Reports Quarterly Revenue for the Second Quarter of 2015

August 14, 2015 5:00 PM EDT

SAN ANTONIO, Aug. 14, 2015 (GLOBE NEWSWIRE) -- Payment Data Systems, Inc. (NASDAQ: PYDS) an integrated electronic payments solutions provider, today announced financial results for the quarter ended June 30, 2015.

Revenues for the quarter ended June 30, 2015 grew 4% to $3,424,756 as compared to $3,304,173 for the same period in 2014 due to higher transaction volumes in credit card and debit card and ACH processing. Gross profit for the quarter ended June 30, 2015 grew 5% to $998,144 from $954,905 for the same period in 2014.

Operating income for the quarter ended June 30, 2015 declined to $91,833 when compared to $466,379 for the same period in 2014. The decline was... More