Green Dot (GDOT) Tops Q3 EPS by 7c, Updates Guidance

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Green Dot Reports Third Quarter 2015 Non-GAAP Revenues of $146.5M, Adjusted EBITDA of $22.2M and Non-GAAP EPS of $0.15

November 5, 2015 4:06 PM EST

Provides Preliminary Commentary on 2016

PASADENA, Calif.--(BUSINESS WIRE)-- Green Dot Corporation (NYSE: GDOT) today reported financial results for the third quarter ended September 30, 2015.

For the third quarter of 2015, Green Dot reported consolidated GAAP and non-GAAP total operating revenues1 of $146.4 million and $146.5 million, respectively, and adjusted EBITDA of $22.2 million. Green Dot also reported break-even GAAP diluted earnings per share and $0.15 in non-GAAP diluted earnings per share.1

GAAP and non-GAAP earnings per share results during the third quarter of 2015 were impacted in part by 7.1 million additional shares year-over-year... More