Usio Announces First Quarter 2024 Financial Results

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H.C. Wainwright Reiterates Buy Rating on Usio Inc. (USIO)

May 17, 2024 1:51 PM EDT

H.C. Wainwright analyst Scott Buck reiterated a Buy rating and $4.00 price target on Usio Inc. (NASDAQ: USIO).

The analyst comments "Revenue below our forecast, but full year guide remains intact. After the market close on May 15, Usio, Inc., reported 1Q24 operating results. First quarter revenue of $20.3M was below our $23.2M. The miss to our forecast was driven by softer revenue trends from... More