Higher One (ONE) Tops Q1 EPS by 3c

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Higher One Holdings, Inc. Reports First Quarter 2016 Financial Results

May 5, 2016 6:30 AM EDT

First quarter gross revenue of $55.6 million, adjusted EPS from continuing operations of $0.13 Payments revenue increases 5%, to $23.4 million on increased transaction volumes Remain on track for a second quarter close with the divestiture of the Disbursements business

NEW HAVEN, Conn.--(BUSINESS WIRE)-- Higher One Holdings, Inc. (NYSE: ONE) (Higher One or the Company), today announced financial results for the first quarter of 2016. The Company reported first quarter 2016 gross revenue of $55.6 million, compared to $61.5 million in the first quarter 2015. Non-GAAP... More