Priority Technology Holdings (PRTH) Q2 Revenue Tops Consensus

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Priority Technology Holdings, Inc. Announces Second Quarter 2021 Financial Results

August 9, 2021 7:00 AM EDT

ALPHARETTA, Ga., Aug. 9, 2021 /PRNewswire/ -- Priority Technology Holdings, Inc. (NASDAQ: PRTH) ("Priority" or the "Company"), a leading payments technology company helping customers collect, store and send money, today announced its second quarter 2021 financial results.    

Highlights of Consolidated Results

Second Quarter 2021, Compared with Second Quarter 2020

The second quarter 2020 includes results of the RentPayment business sold to MRI Software in September 2020.  Financial highlights of second quarter 2021 compared with second quarter 2020, are as follows (gross profit, gross profit margin, and adjusted EBITDA are non-GAAP measures1):

Revenue of $125.0 million... More