I3 Verticals

i3 Verticals, Inc. is a holding company, which engages in the provision of payment and software solutions to small-and medium-sized businesses and organizations in strategic vertical markets. It operates through the following segments: Merchant Services, Software and Services, and Others. The Merchant Services segment offers payment solutions to businesses and organizations. The Software and Services segment delivers vertical market software solutions to customers across strategic vertical markets. The Other segment covers corporate overhead expenses. The company was founded in 2012 and is headquartered in Nashville, TN.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

IIIV reports record Q1 revenue and pursues public sector growth

IIIV's Q1 2023 performance showcased strong revenue and EBITDA growth, driven by recurring revenue sources and an expanded credit facility. The company's focus on larger acquisitions and increased demand in the public sector presents growth opportunities. However, challenges related to costs and tax rates require attention. IIIV's strategic emphasis on software and services expansion and the unified RFP team positions it for future success.

i3 Verticals reports record Q3 revenue and strategic growth initiatives

i3 Verticals delivered strong financial performance with record revenue and adjusted EBITDA, driven by recurring revenue sources and strong public sector wins. The company's strategic focus on internal optimization, disciplined M&A, and expansion into the healthcare vertical positions it for continued growth and operational efficiency.

IIIV reports record revenue and EBITDA growth, eyes M&A opportunities

IIIV's Q3 2023 earnings call showcased strong financial performance, with record revenue and adjusted EBITDA. The company faces the challenge of sustaining this growth while managing realignment efforts. However, opportunities for growth through M&A activities and focus on margin expansion and sales activity are promising.

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NASHVILLE, Tenn.--(BUSINESS WIRE)---- $IIIV--i3 Verticals, Inc. (Nasdaq: IIIV) (“i3 Verticals” or the “Company”), announced today that it will release its financial results for the second quarter ended March 31, 2024, on Friday, May 10, before the Nasdaq market open. The Company will also host a conference call on Friday, May 10, 2024, at 9:00 a.m. ET to discuss financial results and operations. To listen to the call live via telephone, participants should dial (844) 887-9399 approximately 10 minutes pri.

i3 Verticals Announces Earnings Release and Conference Call Date for Second Quarter of Fiscal 2024

Verticals, Inc. (IIIV) Q1 2024 Earnings Call Transcript

The headline numbers for i3 Verticals (IIIV) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

i3 Verticals (IIIV) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

I3 Verticals (IIIV) came out with quarterly earnings of $0.36 per share, missing the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.37 per share a year ago.

I3 Verticals (IIIV) Q1 Earnings and Revenues Miss Estimates

NASHVILLE, Tenn.--(BUSINESS WIRE)---- $IIIV--i3 Verticals, Inc. (Nasdaq: IIIV) (“i3 Verticals” or the “Company”) today reported its financial results for the fiscal first quarter ended December 31, 2023. Highlights for the three months ended December 31, 2023 vs. 2022 Revenue was $92.0 million, an increase of 6.9% over the prior year's first quarter. Net income was $1.5 million, compared to net income of $0.2 million in the prior year's first quarter. Net income attributable to i3 Verticals, Inc. was $1.

i3 Verticals Reports First Quarter 2024 Financial Results

Beyond analysts' top -and-bottom-line estimates for i3 Verticals (IIIV), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2023.

Countdown to i3 Verticals (IIIV) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS

NASHVILLE, Tenn.--(BUSINESS WIRE)---- $IIIV--i3 Verticals, Inc. (Nasdaq: IIIV) (“i3 Verticals” or the “Company”), announced today that it will release its financial results for the first quarter ended December 31, 2023, on Thursday, February 8, 2024, after the Nasdaq market close. The Company will host a conference call on Friday, February 9, 2024, at 8:30 a.m. ET to discuss financial results and operations. To listen to the call live via telephone, participants should dial (844) 887-9399 approximately 1.

i3 Verticals Announces Earnings Release and Conference Call Dates for First Quarter of Fiscal 2024

i3 Verticals, Inc. (NASDAQ:IIIV ) Q4 2023 Earnings Conference Call November 16, 2023 8:30 AM ET Company Participants Geoff Smith - Senior Vice President, Finance Greg Daily - Chairman and Chief Executive Officer Clay Whitson - Chief Financial Officer Rick Stanford - President Paul Christians - Chief Operating Officer Conference Call Participants Taylor DeBey - Raymond James Matthew VanVliet - BTIG Alex Markgraff - KeyBanc Capital Markets Michael Infante - Morgan Stanley Operator Good day, everyone, and welcome to the i3 Verticals Fourth Quarter 2023 Earnings Conference Call. Today's call is being recorded and a replay will be available starting today through November 27th.

i3 Verticals, Inc. (IIIV) Q4 2023 Earnings Call Transcript

Although the revenue and EPS for i3 Verticals (IIIV) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

i3 Verticals (IIIV) Reports Q4 Earnings: What Key Metrics Have to Say

NASHVILLE, Tenn.--(BUSINESS WIRE)---- $IIIV--i3 Verticals, Inc. (Nasdaq: IIIV) (“i3 Verticals” or the “Company”) today reported its financial results for the fiscal fourth quarter and year ended September 30, 2023. Highlights for the fiscal fourth quarter and full fiscal year of 2023 vs. 2022 Fourth quarter revenue was $96.4 million, an increase of 13.1% over the prior year's fourth quarter; full year revenue was $370.2 million, an increase of 16.5% over the prior year. Fourth quarter net income was $3.4.

i3 Verticals Reports Fourth Quarter and Full Fiscal Year 2023 Financial Results

NASHVILLE, Tenn.--(BUSINESS WIRE)---- $IIIV--i3 Verticals, Inc. (Nasdaq: IIIV) (“i3 Verticals” or the “Company”), announced today that it will release its financial results for the fourth quarter ended September 30, 2023, on Wednesday, November 15, 2023, after the Nasdaq market close. The Company will host a conference call on Thursday, November 16, 2023, at 8:30 a.m. ET to discuss financial results and operations. To listen to the call live via telephone, participants should dial (844) 887-9399 approxim.

i3 Verticals Announces Earnings Release and Conference Call Dates for Fourth Quarter of Fiscal 2023

i3 Verticals, Inc. (NASDAQ:IIIV ) Q3 2023 Earnings Conference Call August 9, 2023 8:30 AM ET Company Participants Geoff Smith – Senior Vice President-Finance Greg Daily – Chairman and Chief Executive Officer Clay Whitson – Chief Financial Officer Rick Stanford – President Paul Christians – Chief Operating Officer Conference Call Participants Peter Heckmann – D.A. Davidson John Davis – Raymond James Mark Palmer – Berenberg James Faucette – Morgan Stanley Charles Nabhan – Stephens Operator Good day, everyone, and welcome to the i3 Verticals Third Quarter 2023 Earnings Conference Call.

i3 Verticals, Inc. (IIIV) Q3 2023 Earnings Call Transcript

I3 Verticals (IIIV) came out with quarterly earnings of $0.38 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.37 per share a year ago.

I3 Verticals (IIIV) Matches Q3 Earnings Estimates

NASHVILLE, Tenn.--(BUSINESS WIRE)---- $IIIV--i3 Verticals, Inc. (Nasdaq: IIIV) (“i3 Verticals” or the “Company”) today reported its financial results for the fiscal third quarter ended June 30, 2023. Highlights for the fiscal third quarter and nine months ended June 30, 2023 vs. 2022 Third quarter revenue was $93.9 million, an increase of 16.6% over the prior year's third quarter. Revenue for the nine months ended June 30, 2023, was $273.8 million, an increase of 17.7% over the prior year's first nine mo.

i3 Verticals Reports Third Quarter 2023 Financial Results

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After covering second-quarter corporate insider activity among mid-cap and large-caps, today's article will cover on the most interesting insider purchases for small-cap companies. Corporate insiders at American Assets Trust, National Vision, Skillz, Enviva, Heartland Express, and Zumiez have been buying significant amounts of shares, signaling confidence in their respective companies. Other notable insider activity among small-cap stocks includes B. Riley Financial, Cannae Holdings, i3 Verticals, whose CEOs have bought million worth of stock in the second quarter.

Strong Small-Cap Insider Buys: Q2 2023

NASHVILLE, Tenn.--(BUSINESS WIRE)---- $IIIV--i3 Verticals, Inc. (Nasdaq: IIIV) (“i3 Verticals” or the “Company”), announced today that it will release its financial results for the third quarter ended June 30, 2023, on Tuesday, August 8, 2023, after the Nasdaq market close. The Company will host a conference call on Wednesday, August 9, 2023, at 8:30 a.m. EDT to discuss financial results and operations. To listen to the call live via telephone, participants should dial (844) 887-9399 approximately 10 min.

i3 Verticals Announces Earnings Release and Conference Call Dates for Third Quarter of Fiscal 2023

i3 Verticals, Inc. (NASDAQ:IIIV ) Q2 2023 Earnings Conference Call May 10, 2023 8:30 AM ET Company Participants Geoff Smith - Senior Vice President, Finance Greg Daily - Chairman and Chief Executive Officer Clay Whitson - Chief Financial Officer Rick Stanford - President Paul Christians - Chief Operating Officer Conference Call Participants John Davis - Raymond James James Faucette - Morgan Stanley Charles Nabhan - Stephens Peter Heckmann - D.A. Davidson Matt VanVliet - BTIG Operator Good day, everyone, and welcome to the i3 Verticals Second Quarter 2023 Earnings Conference Call.

i3 Verticals, Inc. (IIIV) Q2 2023 Earnings Call Transcript

I3 Verticals (IIIV) Meets Q2 Earnings Estimates

NASHVILLE, Tenn.--(BUSINESS WIRE)---- $IIIV--i3 Verticals, Inc. (Nasdaq: IIIV) (“i3 Verticals” or the “Company”) today reported its financial results for the fiscal second quarter ended March 31, 2023. Highlights for the fiscal second quarter and six months ended March 31, 2023 vs. 2022 Second quarter revenue was $93.9 million, an increase of 20.2% over the prior year's second quarter. Revenue for the six months ended March 31, 2023, was $179.9 million, an increase of 18.3% over the prior year's first si.

i3 Verticals Reports Second Quarter 2023 Financial Results

NASHVILLE, Tenn.--(BUSINESS WIRE)---- $IIIV--i3 Verticals, Inc. (Nasdaq: IIIV) (“i3 Verticals” or the “Company”), announced today that it will release its financial results for the second quarter ended March 31, 2023, on Tuesday, May 9, 2023, after the Nasdaq market close. The Company will host a conference call on Wednesday, May 10, 2023, at 8:30 a.m. ET to discuss financial results and operations. To listen to the call live via telephone, participants should dial (844) 887-9399 approximately 10 minutes.

i3 Verticals Announces Earnings Release and Conference Call Dates for Second Quarter of Fiscal 2023

i3 Verticals Inc (NASDAQ:IIIV ) Q1 2023 Results Conference Call February 9, 2023 8:30 AM ET Company Participants Geoff Smith - SVP, Finance Greg Daily - Chairman and CEO Clay Whitson - CFO Rick Stanford - President Conference Call Participants John Davis - Raymond James Sandy Beatty - Morgan Stanley Charles Nabhan - Stephens Peter Heckmann - D.A. Davidson Operator Good day everyone and welcome to the i3 Verticals First Quarter 2023 Earnings Conference Call.

i3 Verticals Inc (IIIV) Q1 2023 Earnings Call Transcript

i3 Verticals (IIIV) delivered earnings and revenue surprises of 0% and 1.40%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

I3 Verticals (IIIV) Meets Q1 Earnings Estimates

NASHVILLE, Tenn.--(BUSINESS WIRE)---- $IIIV--i3 Verticals, Inc. (Nasdaq: IIIV) (“i3 Verticals” or the “Company”) today reported its financial results for the fiscal first quarter ended December 31, 2022. Highlights for the fiscal first quarter ended December 31, 2022 vs. 2021 Revenue was $86.0 million, an increase of 16.4% over the prior year's first quarter. Net income was $0.2 million, compared to net loss of $3.7 million in the prior year's first quarter. Net loss attributable to i3 Verticals, Inc.

i3 Verticals Reports First Quarter 2023 Financial Results

Here is how i3 Verticals (IIIV) and Jabil (JBL) have performed compared to their sector so far this year.

Is i3 Verticals (IIIV) Outperforming Other Computer and Technology Stocks This Year?

The world of payments and software are converging and IIIV stands to benefit from this. SMB is a very large market which means there are plenty of whitespaces available for IIIV to grow.

News for I3 Verticals Stock (IIIV)