Genesis Capital Corporation of Nevada (CCN) Tops Q3 EPS by 9c

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Go back to Genesis Capital Corporation of Nevada (CCN) Tops Q3 EPS by 9c

CardConnect Corp. Reports Third Quarter Financial Results

November 10, 2016 7:30 AM EST

KING OF PRUSSIA, Pa.--(BUSINESS WIRE)-- CardConnect Corp. (NASDAQ: CCN) (CardConnect), one of the nation's leading payment processors, today provided financial results for the quarter ended September 30, 2016. Revenue increased 30.7% to $154.0 million in the third quarter as compared to $117.9 million in the prior year period. Net revenue increased 32.2% to $41.1 million in the third quarter as compared to $31.1 million in the prior year period. Revenue and net revenue growth were driven by record growth in both Merchant Acquiring services and Enterprise services. Merchant Acquiring services revenue and net revenue were driven by record bankcard... More