Green Dot (GDOT) Tops Q2 EPS by 3c, Offers Q3 & Q4 Guidance

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Green Dot Reports Second Quarter 2016 Total Operating Revenues of $173.5M

August 4, 2016 4:07 PM EDT

Including unusual incremental launch expenses of $7.2M, the Company reports GAAP results of $8.0M and $0.16 for net income and EPS, respectively Including unusual incremental launch expenses of $7.2M, the Company reports non-GAAP results of $32.4M and $0.27 for adjusted EBITDA and non-GAAP EPS, respectively

PASADENA, Calif.--(BUSINESS WIRE)-- Green Dot Corporation (NYSE: GDOT), today reported financial results for the second quarter ended June 30, 2016.

For the second quarter of 2016, Green Dot reported GAAP revenue of $173.5 million and non-GAAP total operating revenues1 of $173.6... More