i3 Verticals Reports Third Quarter 2018 Financial Results
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i3 Verticals, Inc. (IIIV) Reports Q3 EPS of $0.14 on Revenues of $84.5M
August 9, 2018 4:47 PM EDTi3 Verticals, Inc. (NASDAQ: IIIV) reported Q3 EPS of $0.14. Revenue for the quarter came in at $84.5 million.
Revenue was $84.5 million, an increase of 27% over the prior period.Net revenue,1 which excludes interchange and related network fees, was $28.8 million, an increase of 62% over the prior period.Net loss was $(0.7) million.Adjusted EBITDA1 was $7.9 million, an increase of 79% over the prior period.Adjusted EBITDA1 as a percentage of net revenue1 was 27.5%, an increase from 25.0%.Diluted... More