Priority Technology Holdings

Priority Technology Holdings, Inc. is a provider of merchant acquiring and commercial payments solutions with a platform of micro services that activate and monetize vertically specialized merchant networks. It offers unique product capabilities to businesses, enterprises and distribution partners such as retail independent sales organizations, financial institutions, wholesale ISOs, and independent software vendors in the United States. The company operates through three reportable segments: Consumer Payments, Commercial Payments, and Integrated Partners. The Consumer Payments represents consumer-related services and offerings including merchant acquiring and transaction processing services including the proprietary MX enterprise suite. The Commercial Payments represents services provided to certain enterprise customers, including outsourced sales force to those customers and accounts payable automation services to commercial customers. The Integrated Partners represents payment adjacent services that are provided primarily to the health care and residential real estate industries. The company was founded on April 23, 2015 and is headquartered in Alpharetta, GA.

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Priority Technology Holdings reports robust Q4 performance and eyes future growth opportunities

Priority Technology Holdings reported strong financial performance in Q4 2022 and full-year 2022, with revenue and profitability showing significant growth. The company is optimistic about future revenue guidance for 2023 and expects improved margins in the coming years.
Despite challenges in certain segments, Priority Technology Holdings is focused on leveraging opportunities such as Passport adoption, consumer wellness program trends, and selective platform partnerships. The company's cautious guidance hints at substantial potential ahead.

Priority Technology Holdings excels in Q1 2023, eyes strategic growth

Priority Technology Holdings delivered robust financial results in Q1 2023, showcasing growth across key segments and a focus on enhancing partner experiences. While facing challenges in certain revenue streams, the company remains optimistic about future growth opportunities through acquisitions and new product launches.

Priority Technology Holdings reports strong Q2 earnings, eyes Plastiq integration

Priority Technology Holdings demonstrated robust financial performance in Q2 2023, with revenue and adjusted EBITDA showing significant growth year-to-date.
The acquisition of Plastiq and emphasis on a unified commerce platform position Priority well for future growth and meeting customer needs effectively.
While facing challenges related to Plastiq's revenue model changes and bankruptcy proceedings, Priority has opportunities to drive growth through segment-level performance and service expansion.

Priority Technology Holdings (PRTH) reports strong Q3 earnings and growth opportunities

Priority Technology Holdings (PRTH) delivered strong Q3 results, with revenue growth, increased adjusted EBITDA, and a focus on unified commerce and revenue optimization across segments.
The company faces challenges in managing debt levels, navigating pricing dynamics, and balancing revenue growth with margin considerations, requiring strategic decision-making and operational efficiency.
Opportunities lie in leveraging unified commerce demand, innovating to meet customer needs, accelerating merchant counts, and exploring new market opportunities in the fintech sector for sustained growth.
Management's dedication to a fintech model and commitment to delivering results underscore a strategic focus on performance optimization and long-term value creation for investors.

Priority Technology Holdings achieves record Q4 results, eyes growth

PRTH's Q4 2023 marked a historic performance with record revenue and adjusted EBITDA, setting the stage for continued growth in 2024.
The company's focus on recurring gross profit, capital deployment, and strategic growth initiatives positions it well for future success.
Challenges in operating expenses and debt management require attention, but opportunities in new sectors and automation tools offer avenues for growth.
Overall, PRTH's strong financial results, customer growth, and strategic outlook indicate a positive trajectory for the company.

Priority Technology Holdings reports record Q1 results and eyes strategic growth

Priority Technology Holdings delivered a strong performance in Q1 2024, achieving record revenue and profitability metrics across its segments. The company's strategic focus on margin expansion, debt refinancing, and acquisitions underscores a commitment to sustainable growth and financial efficiency.
While facing challenges such as segment-specific revenue impacts and pending recapitalization efforts, Priority Technology Holdings remains poised to navigate these hurdles through strategic adjustments and operational excellence. The company's proactive approach to addressing challenges and capitalizing on opportunities positions it well for future growth and value creation.
With a solid foundation of financial strength and a clear growth strategy, Priority Technology Holdings is well-positioned to capitalize on market opportunities and drive continued success. By leveraging its strengths, addressing challenges, and pursuing growth opportunities, the company demonstrates resilience and adaptability in a dynamic business environment.

Priority Technology Holdings reports record Q3 results, poised for growth

Priority Technology Holdings delivered exceptional financial results in Q3 2024, with revenue and adjusted EBITDA showing significant growth, supported by a diverse customer base and innovative solutions.
The company's strategic focus on innovation, cross-selling, and market positioning has yielded positive outcomes, driving revenue, profitability, and market share expansion.
While challenges exist in sustaining growth and integration, Priority Technology Holdings is well-positioned to capitalize on opportunities for further market penetration and technological advancement.

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Priority Technology Holdings, Inc. engages in the provision of merchant acquiring and commercial payments solutions with a platform of micro services that activate and monetize vertically specialized merchant networks. It operates through the following segments: SMB Acquiring Solutions, B2B Payables, and Enterprise Payments and BaaS. The SMB Acquiring Solutions segment offers full-service acquiring and payment-enabled solutions for B2C transactions, leveraging Priority's proprietary software platform, distributed through ISO, direct sales, and vertically focused ISV channels. The B2B Payables segment refers to market AP automation solutions to corporations, software partners, and industry FIs. The Enterprise Payments and BaaS segment focuses on embedded finance and BaaS solutions to customers to modernize legacy platforms and accelerate software partners' strategies to monetize payments. The company was founded by John V. Priore on April 23, 2015 and is headquartered in Alpharetta, GA.

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 that it will release its third quarter 2020 financial results after the close of financial markets on Thursday, November 12, 2020. In addition, the Company will host a conference call and webcast to review its financial and operating results. A question-and-answer

Priority Technology Holdings, Inc. Announces Third Quarter 2020 Financial Results Release Date and Conference Call Information

ALPHARETTA, Ga.--(BUSINESS WIRE)--Priority Technology Holdings, Inc. (NASDAQ: PRTH) (“Priority”), a leading provider of merchant acquiring, integrated payment software and commercial payment solutions, today announced that it will participate in a virtual event as part of Alliance Global Partners’ Tech Talk series. Tom Priore, Chairman and Chief Executive Officer of Priority, will take part in a fireside chat at 11:00 a.m. EDT on October 8, 2020. You can register for the live webinar discussion

Priority Technology Holdings, Inc. to Participate in Fireside Chat Hosted by Alliance Global Partners

PRTH is the 11th largest merchant acquirer in the US.

Priority Technology Holdings - Cheap Growth Story With Attractive Upside

ALPHARETTA, Ga. & SOLON, Ohio--(BUSINESS WIRE)--MRI Software (“MRI”), a global leader in real estate software solutions, and Priority Technology Holdings, Inc. (NASDAQ: PRTH) (“Priority”), a leading provider of merchant acquiring, integrated payment software and commercial payment solutions, have completed the previously announced sale and acquisition of Priority’s RentPayment business, which is comprised of the RentPayment.com™, StorageRentPayment.com™ and DuesPayment.com™ real estate payment

MRI Software Completes Acquisition of RentPayment™ Business from Priority Technology Holdings, Inc.

As of late, it has definitely been a great time to be an investor Priority Technology.

Priority Technology's Shares March Higher, Can It Continue?

Recent Monetization of the RentPayment Business will Address Leverage Concerns while Maintaining Growth Opportunities with New Strategic Relationships.

Priority Technology Holdings: Prioritizing Shareholder Value

ALPHARETTA, Ga. & SOLON, Ohio--(BUSINESS WIRE)--MRI Software (“MRI”), a global leader in real estate software solutions, and Priority Technology Holdings, Inc.

MRI Software Enters Into Definitive Agreement to Acquire RentPayment™ Business From Priority Technology Holdings, Inc.

Priority Technology Holdings, Inc. (PRTH) CEO Tom Priore on Q2 2020 Results - Earnings Call Transcript

ALPHARETTA, Ga.--(BUSINESS WIRE)--Priority Technology Holdings, Inc.

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

Priority Technology Holdings, Inc. Announces Second Quarter 2020 Financial Results Release Date and Conference Call Information

Priority Technology has been struggling lately, but the selling pressure may be coming to an end soon.

Priority Technology Sees Hammer Chart Pattern: Time to Buy?

News for Priority Technology Holdings Stock (PRTH)