Stock Track | i3 Verticals Soars 12.86% in Pre-Market on Earnings Beat, Revenue Growth

Stock Track

Nov 27, 2024

i3 Verticals Inc. (NASDAQ: IIIV) shares surged 12.86% in the pre-market session on Wednesday, following the company's full year 2024 earnings report. Despite reporting a wider net loss, i3 Verticals beat analyst expectations for earnings per share (EPS) and showed revenue growth for the fiscal year.

The payment solutions provider reported revenue of $229.9 million for the full year 2024, up 1.4% from the previous year. While the company posted a net loss of $75.1 million, wider than the prior year, its EPS surpassed analyst estimates significantly.

The revenue growth was driven primarily by the Public Sector segment, which contributed $184.8 million or 80% of total revenue. Looking ahead, the company forecasts revenue to grow by 7.6% annually on average over the next three years, outpacing the 4.1% growth projection for the Diversified Financial industry in the US.

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(NASDAQ: IIIV) shares surged 12.86% in the pre-market session on Wednesday, following the company's full year 2024 earnings report. Despite reporting a wider net loss, i3 Verticals beat analyst expectations for earnings per share (EPS) and showed revenue growth for the fiscal year.</p>\n\n<p>The payment solutions provider reported revenue of $229.9 million for the full year 2024, up 1.4% from the previous year. While the company posted a net loss of $75.1 million, wider than the prior year, its EPS surpassed analyst estimates significantly.</p>\n\n<p>The revenue growth was driven primarily by the Public Sector segment, which contributed $184.8 million or 80% of total revenue. 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(NASDAQ: IIIV) shares surged 12.86% in the pre-market session on Wednesday, following the company's full year 2024 earnings report. Despite reporting a wider net loss, i3 Verticals beat analyst expectations for earnings per share (EPS) and showed revenue growth for the fiscal year.</p>\n\n<p>The payment solutions provider reported revenue of $229.9 million for the full year 2024, up 1.4% from the previous year. While the company posted a net loss of $75.1 million, wider than the prior year, its EPS surpassed analyst estimates significantly.</p>\n\n<p>The revenue growth was driven primarily by the Public Sector segment, which contributed $184.8 million or 80% of total revenue. Looking ahead, the company forecasts revenue to grow by 7.6% annually on average over the next three years, outpacing the 4.1% growth projection for the Diversified Financial industry in the US.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IIIV","symbol_name":"I3 Verticals Inc.","start_time":0,"source_url":"","article_id":"1192734896","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1192734896","pubTimestamp":1732712542,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"i3 Verticals Inc.  shares surged 12.86% in the pre-market session on Wednesday, following the company's full year 2024 earnings report. Despite reporting a wider net loss, i3 Verticals beat analyst expectations for earnings per share  and showed revenue growth for the fiscal year.The payment solutions provider reported revenue of $229.9 million for the full year 2024, up 1.4% from the previous year. While the company posted a net loss of $75.1 million, wider than the prior year, its EPS surpasse","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"IIIV":"I3 Verticals Inc."},"translate_title":"由于盈利超出预期和收入增长，股票赛道i3 Verticals盘前飙升12.86%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IIIV":1},"content_text":"i3 Verticals Inc. (NASDAQ: IIIV) shares surged 12.86% in the pre-market session on Wednesday, following the company's full year 2024 earnings report. Despite reporting a wider net loss, i3 Verticals beat analyst expectations for earnings per share (EPS) and showed revenue growth for the fiscal year.\nThe payment solutions provider reported revenue of $229.9 million for the full year 2024, up 1.4% from the previous year. While the company posted a net loss of $75.1 million, wider than the prior year, its EPS surpassed analyst estimates significantly.\nThe revenue growth was driven primarily by the Public Sector segment, which contributed $184.8 million or 80% of total revenue. 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