Green Dot (GDOT) Tops Q2 EPS by 15c; Raises Outlook

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Green Dot Reports Second Quarter 2017 Total Operating Revenues Up 28% to $222.5 million

August 8, 2017 4:05 PM EDT

GAAP net income and GAAP diluted EPS up 140% and 131%, respectively Adjusted EBITDA and non-GAAP EPS up 54% and 104%, respectively Raising annual guidance for revenue, adjusted EBITDA and non-GAAP EPS

PASADENA, Calif.--(BUSINESS WIRE)-- Green Dot Corporation (NYSE: GDOT), today reported financial results for the quarter ended June 30, 2017.

For the second quarter of 2017, Green Dot reported total operating revenues of $222.5 million and GAAP net income and GAAP diluted earnings per common share of $19.3 million and $0.37, respectively. Green Dot also... More