Green Dot (GDOT) Tops Q1 EPS by 9c, Updates Guidance

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Green Dot Reports First Quarter 2016 Non-GAAP Total Operating Revenues of $228.2M

May 4, 2016 4:07 PM EDT

Including unusual incremental launch expenses, the Company reports adjusted EBITDA of $78.3M and non-GAAP EPS of $0.78 Excluding unusual incremental launch expenses, the Company reports adjusted EBITDA of $80.2M and non-GAAP EPS of $0.80

PASADENA, Calif.--(BUSINESS WIRE)-- Green Dot Corporation (NYSE: GDOT), today reported financial results for the first quarter ended March 31, 2016.

For the first quarter of 2016, Green Dot reported GAAP revenue of $228.0 million and non-GAAP total operating revenues1 of $228.2 million. Green Dot also reported $0.63 in GAAP diluted earnings per... More