i3 Verticals, Inc. (IIIV) Tops Q3 EPS by 7c
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i3 Verticals Reports Third Quarter 2020 Financial Results
August 10, 2020 4:17 PM EDTNASHVILLE, Tenn.--(BUSINESS WIRE)-- i3 Verticals, Inc. (Nasdaq: IIIV) (i3 Verticals or the Company) today reported its financial results for the fiscal third quarter ended June 30, 2020.
Highlights for the fiscal third quarter and nine months ended June 30, 2020 vs. 2019
Third quarter revenue was $31.6 million, a decrease of 68% over the prior year's third quarter. Revenue for the nine months ended June 30, 2020, was $111.9 million, a decrease of 58% over the prior year's first nine months. Results for 2020 reflect the adoption of Accounting Standards Codification Topic 606, Revenue from Contracts with Customers1. Third... More