Priority Technology Holdings (PRTH) Reports Q2 Loss of $0.12/sh

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Priority Technology Holdings, Inc. Announces Second Quarter 2020 Financial Results

August 12, 2020 5:40 PM EDT

ALPHARETTA, Ga.--(BUSINESS WIRE)-- Priority Technology Holdings, Inc. (NASDAQ: PRTH) (Priority or the Company), a leading provider of merchant acquiring, integrated payment software and commercial payment solutions, today announced its second quarter 2020 financial results.

Highlights of Consolidated Results

Second Quarter 2020, Compared with Second Quarter 2019

The second quarter of 2020 began with nationwide shelter in place orders due to the COVID-19 pandemic. Prioritys April results were reflective of this with merchant bankcard processing dollar volumes down 31.8% year over year, and a... More