Green Dot (GDOT) Tops Q1 EPS by 16c

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Green Dot Reports First Quarter 2017 Total Operating Revenues Up 11.0% To $253 Million

May 9, 2017 4:05 PM EDT

GAAP net income and GAAP diluted EPS up 23.9% and 23.8%, respectively Adjusted EBITDA and non-GAAP EPS up 14.5% and 28.2%, respectively

PASADENA, Calif.--(BUSINESS WIRE)-- Green Dot Corporation (NYSE: GDOT), today reported financial results for the quarter ended March 31, 2017.

For the first quarter of 2017, Green Dot reported total operating revenues of $253.0 million and GAAP net income and GAAP diluted earnings per common share of $40.8 million and $0.78, respectively. Green Dot also reported adjusted EBITDA1 and non-GAAP diluted earnings per common share1 of $89.6 million and... More