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ALPHARETTA, Ga., March 16, 2021 /PRNewswire/ Priority Technology Holdings, Inc. (NASDAQ: PRTH) ( Priority or the Company ), a leading provider of merchant acquiring, integrated payment software and commercial payment solutions, today announced its fourth quarter financial results including strong year-over-year revenue growth and further deleveraging during the quarter.
Highlights of Consolidated Results
Fourth Quarter 2020, Compared with Fourth Quarter 2019
Financial highlights of the fourth quarter of 2020 compared with the fourth quarter of 2019, are as follows:
Revenue of $106.1 million increased 8.1% from $98.2 million.
Gross profit (a non-GAAP measure
1) of $32.5 million increased 3.2% from $31.4 million.
Gross profit margin (a non-GAAP measure
Priority Technology Holdings, Inc Announces Fourth Quarter and Full Year 2020 Financial Results prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ Priority Technology Holdings, Inc. (NASDAQ: PRTH) ("Priority" or the "Company"), a leading provider of merchant acquiring, integrated payment.