Green Dot, the prepaid card and bank operator, said Wednesday (Nov. 9) that revenue and earnings surpassed Wall Street expectations, driven by growth in its core card business and in newer initiatives, such as direct deposit and fund reloading on those cards. The company said that, in...
Green Dot reported earnings of $0.78 per share, beating the average analyst estimate of $0.70 a share. In addition, the firm stated that it showed $228 million on the top line, better than the $213 million that consensus held for the metric. The guidance for the full...
Heartland is methodically building out its platform to offer a full suite of payments services to small business. While its recent announcement of its e-Invoicing play made news, its investment in a small business payments platform last year failed to contribute to earnings this quarter,...
May 09, 2018
Direct deposits, new products and tax refunds helped Green Dot beat revenue expectations for the first quarter of 2018. Green Dot on Wednesday (May 9) reported that total operating revenue increased 25 percent year over year in the first quarter, to $315 million. That surpassed Wall Street expectations of about $297 million. A “material contributor” […]
November 10, 2016
Green Dot, the prepaid card and bank operator, said Wednesday (Nov. 9) that revenue and earnings surpassed Wall Street expectations, driven by growth in its core card business and in...
May 05, 2016
Green Dot reported earnings of $0.78 per share, beating the average analyst estimate of $0.70 a share. In addition, the firm stated that it showed $228 million on the top line, better...