AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — Green Dot Corp. (GDOT) on Thursday reported net income of $5.1 million in its fourth quarter.
The Austin, Texas-based company said it had profit of 9 cents per share. Earnings, adjusted for one-time gains and costs, came to 40 cents per share.
The bank holding company posted revenue of $455 million in the period. Its adjusted revenue was $451.7 million.
For the year, the company reported a loss of $26.7 million, or 50 cents per share. Revenue was reported as $1.71 billion.
Green Dot expects full-year earnings in the range of $1.05 to $1.20 per share, with revenue in the range of $1.85 billion to $1.9 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GDOT at https://www.zacks.com/ap/GDOT
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