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Priority Technology: 3Q Earnings Snapshot

·1 min read

ALPHARETTA, Ga. (AP) _ Priority Technology Holdings, Inc. (PRTH) on Thursday reported third-quarter net income of $40.4 million, after reporting a loss in the same period a year earlier.

The Alpharetta, Georgia-based company said it had profit of 60 cents per share. Losses, adjusted for non-recurring gains, were 64 cents per share.

The company posted revenue of $109 million in the period.

In the final minutes of trading on Thursday, the company's shares hit $2.68. A year ago, they were trading at $3.24.

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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 PRTH at https://www.zacks.com/ap/PRTH