JetPay (JTPY) Misses Q1 EPS by 6c

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Go back to JetPay (JTPY) Misses Q1 EPS by 6c

JetPay Corporation Announces First Quarter Financial Results With a 7.4% Increase in Revenues, Including a 14.6% Increase in the HR and Payroll Segment Revenues

May 13, 2016 3:01 PM EDT

BERWYN, PA -- (Marketwired) -- 05/13/16 -- JetPay Corporation ("JetPay" or the "Company") (NASDAQ: JTPY) announced financial results for the first quarter of 2016.

Financial Highlights

Revenues increased 7.4%, or $799,000 to $11.6 million for the quarter ended March 31, 2016 as compared to $10.8 million for the same period in 2015. Revenues within the Payment Processing Segment increased 3.5% or $245,000, to $7.3 million for the quarter ended March 31, 2016 as compared to $7.1 million in 2015. Revenues... More