i3 Verticals Reports Second Quarter 2019 Financial Results
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i3 Verticals (IIIV) PT Raised to $29 at DA Davidson
May 15, 2019 8:53 AM EDTDA Davidson analyst Peter Heckmann raised the price target on i3 Verticals (NASDAQ: IIIV) to $29.00 (from $28.00) while maintaining a Buy rating following the company's 2Q earnings report. Total revenue, which includes interchange and network fees, increased 10% to $85M. Adjusted EPS came in at $0.20... More
i3 Verticals, Inc. (IIIV) Tops Q2 EPS by 1c, Revenues Beat; Offers FY19 EPS/Revenue Gudauince
May 13, 2019 4:42 PM EDTi3 Verticals, Inc. (NASDAQ: IIIV) reported Q2 EPS of $0.20, $0.01 better than the analyst estimate of $0.19. Revenue for the quarter came in at $85.4 million versus the consensus estimate of $30.26 million.
Second quarter revenue was $85.4 million, an increase of 10% over the prior year's second quarter; Revenue was $170.3 million for the six months ended March 31, 2019, an increase of 10% over the prior year's first six months.Second quarter adjusted net revenue1, which excludes acquisition revenue adjustments and interchange and network fees, was $31.4 million, an increase of 16% over the prior year's second quarter; Adjusted net revenue1... More