BM Technologies, Inc. (BMTX) Misses Q2 EPS by 14c
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BM Technologies Reports Record Results for Second Quarter & First Half of 2021
August 11, 2021 4:15 PM EDTRADNOR, Pa., Aug. 11, 2021 (GLOBE NEWSWIRE) -- BM Technologies Inc. (NYSE American: BMTX) (BM Technologies, BMTX, we, or the Company) one of the largest digital banking platforms in the country, today reported record results for the first half of 2021.
FINANCIAL HIGHLIGHTS
Q2 2021 GAAP revenues of $22.9 million, a 48% increase compared to Q2 2020. Q2 2021 core1 revenues were $22.7 million, a 46% increase compared to Q2 2020.Q2 2021 GAAP net loss of $1.8 million due to a $3.1 million noncash loss on the revaluation of the private... More