i3 Verticals Reports Second Quarter 2021 Financial Results
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i3 Verticals, Inc. (IIIV) Tops Q2 EPS by 2c, Revenues Miss; Offers FY21 Revenues Views Above Consensus, FY21 EPS Mid-Point Guidance Above Consensus,
May 10, 2021 4:52 PM EDTi3 Verticals, Inc. (NASDAQ: IIIV) reported Q2 EPS of $0.23, $0.02 better than the analyst estimate of $0.21. Revenue for the quarter came in at $47.9 million versus the consensus estimate of $48.07 million.
Highlights for the fiscal second quarter and six months ended March 31, 2021 vs. 2020
Second quarter revenue was $47.9 million, an increase of 22% over the prior year's second quarter. Revenue for the six months ended March 31, 2021, was $91.2 million, an increase of 14% over the prior year's first six months.Second quarter adjusted net revenue1, which excludes acquisition revenue adjustments, was $49.4 million, a decrease of... More