Overview

• Payments fintech's Q1 revenue rose 11%, beating analyst expectations

• Adjusted EPS for Q1 beat consensus, rising 27% year-over-year

• Adjusted EBITDA for Q1 exceeded analyst estimates

Outlook

• Company affirms 2026 revenue guidance of $1.01 bln to $1.04 bln

• Company sees 2026 adjusted gross profit between $405 mln and $425 mln

• Company expects 2026 adjusted EBITDA of $230 mln to $245 mln

Result Drivers

• CONNECTED COMMERCE PLATFORM - Co said Q1 results were driven by continued adoption of its unified payments, payables, and treasury platform

• SEGMENT MOMENTUM - Co cited growth across Merchant Solutions, Payables, and Treasury Solutions segments as supporting Q1 performance

• EMBEDDED SOLUTIONS - Co said embedding payments, compliance, and risk management tools into customer workflows created new revenue opportunities and operating efficiency

Company press release: ID:nBwb6GqjPa

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q1 Revenue	Beat	$249.56 mln	$242.88 mln (5 Analysts)
Q1 Adjusted EPS	Beat	$0.28	$0.22 (4 Analysts)
Q1 Net Income		$9.76 mln
Q1 Adjusted EBITDA	Beat	$58.09 mln	$54.90 mln (5 Analysts)
Q1 Gross Margin		37.50%
Q1 EBITDA		$52.04 mln
Q1 Gross Profit		$93.50 mln

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the financial technology (fintech) peer group is "buy"

• Wall Street's median 12-month price target for Priority Technology Holdings Inc is $10.00, about 77.9% above its May 8 closing price of $5.62

• The stock recently traded at 5 times the next 12-month earnings vs. a P/E of 5 three months ago

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