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.

Priority Technology Holdings, Inc. (PRTH Q2 2023 Earnings Conference Call August 10, 2023 11:00 AM ET Company Participants Chris Kettmann - Investor Relations Tom Priore - Chairman & Chief Executive Officer Tim O'Leary - Chief Financial Officer Conference Call Participants Brian Kinstlinger - Alliance Global Partners Jacob Stephan - Lake Street Hal Goetsch - B. Riley Securities Operator Good morning, and welcome to the Priority Technology Holdings Second Quarter 2023 Earnings Conference Call.

Priority Technology Holdings, Inc. (PRTH) Q2 2023 Earnings Call Transcript

ALPHARETTA, Ga.--(BUSINESS WIRE)--Priority Technology Holdings, Inc. (NASDAQ: PRTH) ("Priority" or the "Company"), the platform for unified commerce that delivers integrated payments and banking services at scale, today announced its second quarter 2023 financial results including strong quarter-over-quarter diversified revenue growth. Highlights of Consolidated Results Second Quarter 2023 Compared with Second Quarter 2022 Financial highlights of the second quarter of 2023 compared with the sec.

Priority Technology Holdings, Inc. Announces Second Quarter 2023 Financial Results

ALPHARETTA, Ga.--(BUSINESS WIRE)--Priority Technology Holdings, Inc. (NASDAQ: PRTH) (“Priority” or the “Company”), the platform for unified commerce that delivers integrated payments and banking at scale, today announced that it will release its second quarter 2023 financial results before financial markets open on Thursday, August 10, 2023. In addition, the Company will host a conference call and webcast to review its financial and operating results. A question-and-answer session will follow.

Priority Technology Holdings, Inc. Announces Second Quarter 2023 Financial Results Release Date and Conference Call Information

ALPHARETTA, Ga.--(BUSINESS WIRE)--Priority Technology Holdings, Inc. (NASDAQ: PRTH) (“Priority”), a leading platform for unified commerce that delivers integrated payments and banking at scale, announced today that it has completed the acquisition of substantially all of the assets of Nearside Business Corp. and PLV Inc., as well as all of the equity of Plastiq Canada Inc. and Plastiq Inc. (collectively, “Plastiq”), with the approval of the United States Bankruptcy Court for the District of Del.

Priority Technology Holdings, Inc. Completes Acquisition of Plastiq, Inc.

ALPHARETTA, Ga.--(BUSINESS WIRE)--Priority Technology Holdings, Inc. (NASDAQ: PRTH) (Priority), a leading platform for unified commerce that delivers integrated payments and banking at scale, will introduce its MX Build™ technology solution at CFMA's Annual Conference & Exhibition. With its Smart Pay feature, MX Build helps construction companies streamline payments and automate tedious work like lien waiver management. “We are disrupting and reimagining old construction processes such as m.

MX Build, Powered by Priority, Launches at CFMA's Annual Conference & Exhibition

ALPHARETTA, Ga.--(BUSINESS WIRE)--Priority Technology Holdings, Inc. (NASDAQ: PRTH) (Priority), which built a platform for unified commerce that delivers integrated payments and banking at scale, will be in attendance at Premier, Inc.'s Breakthroughs 23 Conference, June 20-22 in Nashville. As a conference sponsor and preferred provider of electronic payables solutions for Premier, Priority representatives will be available throughout the show to engage with attendees pioneering the new healthca.

Priority to Participate in Premier Breakthroughs 23

ALPHARETTA, Ga.--(BUSINESS WIRE)--Priority Technology Holdings, Inc. (NASDAQ: PRTH) (“Priority”), a leading platform for unified commerce that delivers integrated payments and banking at scale, announced today that it has entered into a definitive agreement (“the Purchase Agreement”) as the stalking horse bidder to acquire substantially all of the assets of Plastiq, Inc and certain of its affiliates in its Chapter 11 Restructuring (the “Transaction”). The Purchase Agreement is subject to Bankru.

Priority Technology Holdings, Inc. Has Entered Into Stalking Horse Agreement with Plastiq, Inc.

ALPHARETTA, Ga.--(BUSINESS WIRE)--Priority Technology Holdings, Inc. (NASDAQ: PRTH) ("Priority" or the "Company"), the platform for unified commerce that delivers integrated payments and banking services at scale, today announced that it will participate in the JP Morgan Technology, Media & Communications Conference on Wednesday, May 24, 2023, in Boston. Chairman & CEO Tom Priore and CFO Tim O'Leary will participate in a fireside chat at 2:00 p.m. EDT. A recording will be made available.

Priority Technology Holdings, Inc. to Participate in the 51st Annual JP Morgan TMC Conference on May 24, 2023

ALPHARETTA, Ga.--(BUSINESS WIRE)--Priority Technology Holdings, Inc. (NASDAQ: PRTH) ("Priority" or the "Company"), the platform for unified commerce that delivers integrated payments and banking services at scale, today announced its first quarter 2023 financial results including strong quarter-over-quarter diversified revenue growth. Highlights of Consolidated Results First Quarter 2023, Compared with First Quarter 2022 Financial highlights of the first quarter of 2023 compared with the first.

Priority Technology Holdings, Inc. Announces First Quarter 2023 Financial Results

ALPHARETTA, Ga.--(BUSINESS WIRE)--Priority Technology Holdings, Inc. (NASDAQ: PRTH) (“Priority” or the “Company”), the platform for unified commerce that delivers integrated payments and banking at scale, today announced that it will release its first quarter 2023 financial results before financial markets open on Thursday, May 11, 2023. In addition, the Company will host a conference call and webcast to review its financial and operating results. A question-and-answer session will follow. Firs.

Priority Technology Holdings, Inc. Announces First Quarter 2023 Financial Results Release Date and Conference Call Information

Payments technology firm Priority Technology is set to debut a new point-of-sale (POS) system. The company announced in a news release Monday (April 24) that it will unveil its MX POS at this year's Transact conference, taking place April 24-26 in Atlanta.

Priority Technology Debuts MX Point of Sale System

Priority Technology Holdings, Inc. (NASDAQ:PRTH ) Q4 2022 Earnings Conference Call March 23, 2023 11:00 AM ET Company Participants Chris Kettmann - Investor Relations Tom Priore - Chairman & Chief Executive Officer Tim O'Leary - Chief Financial Officer Conference Call Participants Brian Kinstlinger - Alliance Global Partners Matthew Howlett - B. Riley Operator Good morning and welcome to the Priority Technology Holdings Fourth Quarter and Full Year 2022 Earnings Conference Call.

Priority Technology Holdings, Inc. (PRTH) Q4 2022 Earnings Call Transcript

ALPHARETTA, Ga.--(BUSINESS WIRE)--Priority Technology Holdings, Inc. (NASDAQ: PRTH) ("Priority" or the "Company"), the platform for unified commerce that delivers integrated payments and banking services at scale, today announced its fourth quarter and full year 2022 financial results including strong quarter-over-quarter and year-over-year diversified revenue growth.

Priority Technology Holdings, Inc. Announces Fourth Quarter 2022 and Full Year Financial Results

ALPHARETTA, Ga.--(BUSINESS WIRE)--Priority Technology Holdings, Inc. (NASDAQ: PRTH) (“Priority” or the “Company”), the platform for unified commerce that delivers integrated payments and banking at scale, today announced that it will release its fourth quarter and full-year 2022 financial results before financial markets open on Thursday, March 23, 2023. In addition, the Company will host a conference call and webcast to review its financial and operating results.

Priority Technology Holdings, Inc. Announces Fourth Quarter and Full-Year 2022 Financial Results Release Date and Conference Call Information

ALPHARETTA, Ga.--(BUSINESS WIRE)--Priority Technology Holdings, Inc. (NASDAQ: PRTH) (Priority), the platform for unified commerce that delivers integrated payments and banking at scale, has announced a strategic partnership with IQ BackOffice, a global leader in financial process automation and business process outsourcing. IQ BackOffice provides best-practice business processes and automation for Accounts Payable (AP) through their proprietary cloud-based software product, Streamlinea.

Priority and IQ BackOffice Announce Strategic Technology Partnership

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ALPHARETTA, Ga.--( BUSINESS WIRE )--Priority Technology Holdings, Inc. ("Priority"), the platform for unified commerce that delivers integrated payments and banking at scale, has expanded their value-add tool-set by partnering with Factor4 and GiftYa to provide merchants with in-demand gift cards solutions.

Priority Technology Holdings, Inc. Strengthens Portfolio with Gifting Solutions Partnerships with Factor4 and GiftYa

Priority Technology Holdings, Inc. (NASDAQ:PRTH ) Q3 2022 Earnings Conference Call November 10, 2022 11:00 AM ET Company Participants Chris Kettmann - Investor Relations Tom Priore - Chairman & Chief Executive Officer Tim O'Leary - Chief Financial Officer Conference Call Participants Brian Kinstlinger - Alliance Global Partners Operator Good morning, and welcome to Priority Technology Holdings Third Quarter 2022 Earnings Call. All participants will be in listen-only mode.

Priority Technology Holdings, Inc. (PRTH) Q3 2022 Earnings Call Transcript

ALPHARETTA, Ga.--( BUSINESS WIRE )--Priority Technology Holdings, Inc. (NASDAQ: PRTH) ("Priority" or the "Company"), the platform for unified commerce that delivers integrated payments and banking at scale, today announced that its Board has appointed Marc Crisafulli as Director.

Priority Technology Holdings, Inc. Appoints Marc Crisafulli to Board of Directors

Priority Technology Holdings, Inc. Announces Third Quarter 2022 Financial Results

Priority Technology Holdings, Inc. Announces Third Quarter 2022 Financial Results Release Date and Conference Call Information

ALPHARETTA, Ga.--(BUSINESS WIRE)--Priority Technology Holdings, Inc. (NASDAQ: PRTH) ("Priority" or the "Company"), a leading payments technology company delivering unified commerce solutions through its payments and banking as a service platform, is pleased to announce the appointment of Tim O'Leary to the position of Chief Financial Officer (CFO). Mr. O'Leary replaces Mike Vollkommer, who will retire on September 16. "We are excited to have Tim join Priority. His deep experience raising capita

Priority Technology Holdings, Inc. Announces Appointment of Chief Financial Officer

Priority Technology Holdings, Inc. (NASDAQ:PRTH ) Q2 2022 Earnings Conference Call August 9, 2022 11:00 AM ET Company Participants Chris Kettmann - Investor Relations Tom Priore - Chairman and Chief Executive Officer Mike Vollkommer - Chief Financial Officer Conference Call Participants Steve Moss - B. Riley FBR Brian Kinstlinger - Alliance Global Partners Albert Ragsdale - LCA Operator Good morning and welcome to Priority Technology Holdings Second Quarter 2022 Conference Call.

Priority Technology Holdings, Inc. (PRTH) CEO Tom Priore on Q2 2022 Results - Earnings Call Transcript

Priority Technology (PRTH) delivered earnings and revenue surprises of -175% and 4.36%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Priority Technology (PRTH) Reports Q2 Loss, Tops Revenue Estimates

ALPHARETTA, Ga.--(BUSINESS WIRE)--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 2022 financial results including strong quarter-over-quarter diversified revenue growth. Highlights of Consolidated Results Second Quarter 2022, Compared with Second Quarter 2021 Financial highlights of the second quarter of 2022 compared with the second quarter

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