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Priority Technology Holdings Inc - PRTH STOCK NEWS

Welcome to our dedicated news page for Priority Technology Holdings (Ticker: PRTH), a resource for investors and traders seeking the latest updates and insights on Priority Technology Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Priority Technology Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Priority Technology Holdings's position in the market.

Rhea-AI Summary
Priority Technology Holdings, Inc. partners with Ahrvo Labs Inc. to enhance payment capabilities through the Portable Identity Gateway, integrating Priority's payment and banking offerings. The partnership aims to streamline operations, expand service offerings, and drive growth for businesses and financial institutions in the U.S.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.93%
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Rhea-AI Summary
Priority Technology Holdings, Inc. (NASDAQ: PRTH) reported strong fourth-quarter and full-year 2023 financial results with significant revenue growth. Revenue for Q4 2023 was $199.3 million, a 12.2% increase from Q4 2022. Full-year 2023 revenue reached $755.6 million, up 13.9% from 2022. Adjusted EBITDA for 2023 was $168.3 million, a 20.0% increase from the previous year. The company provided optimistic financial guidance for 2024, expecting revenue between $875 million to $890 million and adjusted EBITDA between $193 million to $198 million.
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Rhea-AI Summary
Priority Technology Holdings, Inc. (PRTH) to release Q4 and full-year 2023 financial results on March 12, 2024, followed by a conference call and webcast for review.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.17%
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Rhea-AI Summary
Priority Technology Holdings, Inc. (NASDAQ: PRTH) has announced a strategic partnership with Treasure Financial Inc. to provide unified commerce solutions for businesses, enabling customers to allocate excess working capital to an investment account across a diversified portfolio. The integration offers higher-yielding investment capabilities and modern payables tools to optimize working capital on a single platform.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.35%
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partnership
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Rhea-AI Summary
Priority Technology Holdings, a leading unified commerce platform (NASDAQ: PRTH), has announced a strategic partnership with Datacap Systems, a payments middleware and gateway provider. The partnership aims to support thousands of ISOs and merchant service providers to bring unified commerce to more merchants and small businesses by integrating Datacap's platform with Priority's MX™ Merchant Suite, offering enhanced compatibility with leading processing, point-of-sale systems, and other Banking-as-a-Service benefits.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.12%
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Rhea-AI Summary
PRTH: Priority Technology Holdings, Inc. Announces Strong Third Quarter Growth with Revenue Up 13.6% to $189.0 Million. Adjusted EBITDA Increases 28.2% to $45.0 Million. Updated Full Year 2023 Financial Guidance Raises Revenue Forecast to $755-765 Million, a Growth Rate of 14-15%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.45%
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Rhea-AI Summary
Priority Technology Holdings, Inc. (NASDAQ: PRTH) will release its third quarter 2023 financial results on November 9, 2023. The Company will host a conference call and webcast to review its financial and operating results. A question-and-answer session will follow. The conference call can be accessed at (833) 636-1319 or (412) 902-4286, and the webcast link is available at https://edge.media-server.com/mmc/p/iucimqrs. An audio replay of the call will be available until November 16, 2023.
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5.34%
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Rhea-AI Sentiment
End-of-Day
-2.88%
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Rhea-AI Summary
Priority Technology Holdings, Inc. has completed the acquisition of Plastiq, including its assets and equity. The acquisition allows Priority to offer a full suite of working capital solutions and payment capabilities to businesses of all sizes. The addition of Plastiq strengthens Priority's Unified Commerce Platform.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.11%
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Priority Technology Holdings Inc

Nasdaq:PRTH

PRTH Rankings

PRTH Stock Data

238.75M
12.73M
76.94%
11.56%
0.17%
Data Processing, Hosting, and Related Services
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Link
US
Alpharetta

About PRTH

priority technology holdings, inc. provides merchant acquiring and commercial payment solutions in the united states. it operates through three segments: consumer payments, commercial payments, and integrated partners. the company offers mx product suite, including mx iso/agent and vimas reseller technology systems, and mx merchant products, which provide resellers and merchant clients a customizable set of business applications that enable business work functions and revenue performance management. it also offers cpx, a turnkey commercial payments platform comprising cpx access, cpx gateway, cpx commercial acceptance, and cpx payments solutions, which automate the ap payment process between buyers and suppliers to enhance financial rebates and automate the vendor payments. in addition, the company provides curated managed services and a suite of integrated automated payment solutions to various financial institutions and card networks; and payment-adjacent technologies to facilitate t