Priority Technology Holdings Inc (NAS:PRTH)
$ 5.34 -0.15 (-2.73%) Market Cap: 440.23 Mil Enterprise Value: 1.38 Bil PE Ratio: 7.74 PB Ratio: 0 GF Score: 82/100

Q2 2025 Priority Technology Holdings Inc Earnings Call Transcript

Aug 7, 2025 / 02:00 PM GMT
Release Date Price: $7.45 (+9.56%)

Key Points

Positve
  • Priority Technology Holdings Inc (PRTH) reported a 9% increase in net revenue and a 13% increase in adjusted gross profit for Q2 2025.
  • The company increased its adjusted EPS by $0.15 year over year, reaching $0.26.
  • Priority Technology Holdings Inc (PRTH) ended the quarter with over 1.6 million total customer accounts, up from 1.3 million in the previous quarter.
  • The B2B and enterprise segments showed strong growth, with B2B revenue growing over 14% and enterprise revenue growing over 20% year over year.
  • The company successfully refinanced its debt, lowering the interest rate by 100 basis points, which will save nearly $7 million in annual interest expenses.
Negative
  • The SMB segment faced headwinds from the attrition of historical residual purchases and lower revenue in specialized acquiring, impacting overall growth.
  • Gross margins in the SMB segment decreased by 130 basis points year over year due to lower specialized acquiring revenue.
  • The company experienced increased operating expenses, with salaries and benefits rising by 22.3% and SG&A expenses increasing by 24% compared to Q2 2024.
  • The company is still addressing a material weakness related to automated controls around third-party processors' data, which has not yet been fully resolved.
  • Same-store sales in the SMB segment are facing headwinds, which could impact future growth if not addressed.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

PRTH.OQ - Priority Technology Holdings Inc
Q2 2025 Priority Technology Holdings Inc Earnings Call
Aug 07, 2025 / 02:00PM GMT

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Presentation
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Unidentified_1 [1]
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Good morning and welcome to the priority Technology holding 2nd quarter 2025 earnings conference call.

All participants will be in listen-only mode.

Did you need assistance, please signal a conference specialist by pressing the star key followed by 0.

After today's presentation, there will be an opportunity to ask questions.

To ask a question, you may press 1 on your telephone keypad, and to withdraw your question, please press 2.

Please note, today's event is being recorded.

I would now like to turn the conference over to Meg Naamara with investor relations. Please go ahead.

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