Welcome to our dedicated page for I3 Verticals news (Ticker: IIIV), a resource for investors and traders seeking the latest updates and insights on I3 Verticals stock.
i3 Verticals, Inc. (IIIV) delivers integrated payment and software solutions tailored for public sector and healthcare organizations. This news hub provides investors and professionals with timely updates on strategic developments shaping the company's growth in vertical market technology.
Access curated press releases and financial announcements covering IIIV's operational milestones, including earnings reports, partnership agreements, product enhancements, and industry recognition. Our repository simplifies tracking regulatory filings and market-moving events relevant to integrated payment systems and vertical-specific software.
Key coverage areas include merger & acquisition activity, technology innovations, and strategic market expansions. Bookmark this page for verified updates directly from corporate communications and authorized financial news sources.
For stakeholders monitoring payment processing technologies and vertical market software trends, this resource offers comprehensive IIIV news tracking without promotional bias.
i3 Verticals (Nasdaq: IIIV) will release its financial results for the second quarter ending March 31, 2023, on May 9, 2023, after market close. A conference call to discuss these results is scheduled for May 10, 2023, at 8:30 a.m. ET. Participants can join via telephone or webcast through the Company’s website. i3 Verticals provides integrated software and services, particularly targeting the Public Sector and Healthcare verticals. The Company is focused on enhancing its software offerings to meet customer needs across these sectors.
i3 Verticals reported a strong fiscal first quarter for the period ending December 31, 2022, with revenue of $86.0 million, a 16.4% increase year-over-year. The company achieved net income of $0.2 million, a significant turnaround from a net loss of $3.7 million in the same quarter last year. Adjusted EBITDA rose 29.3% to $23.6 million, representing 27.4% of revenue. Annualized Recurring Revenue (ARR) increased by 20.7% to $290.2 million. The company's interest coverage and leverage ratios remained strong. A strategic acquisition of AccuFund, effective January 1, 2023, is expected to enhance its public sector offerings.
i3 Verticals, Inc. (Nasdaq: IIIV) will release its financial results for the first quarter ended December 31, 2022, on February 8, 2023, after market close. A conference call will be held the next day, February 9, 2023, at 8:30 a.m. ET to discuss these results and company operations. Participants can join via telephone or webcast through the company’s website. i3 Verticals specializes in integrated software and services for strategic vertical markets, particularly in the Public Sector and Healthcare sectors.
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