Usio, Inc. - USIO STOCK NEWS

Usio, Inc. (Nasdaq: USIO) announced that its common shares have been approved for listing on the Nasdaq Global Market, starting June 15, 2021. This uplisting is expected to enhance visibility, improve liquidity, and broaden the institutional shareholder base, ultimately benefiting long-term shareholder value. CEO Louis Hoch noted that this milestone aligns with the company's growth strategy and aims to optimize return on invested capital. Meeting stringent financial and governance requirements, the uplisting is regarded as a significant indicator of success for the company.

Usio, Inc. (Nasdaq: USIO) reported a record-breaking achievement in May 2021, processing over $1 billion in transaction volume for the first time. This milestone surpasses their previous record set in Q1 2021 and reflects a significant growth trajectory in their ACH business. The company has also reported that total dollar volume processed in 2021 has exceeded the 2020 record of $3.3 billion. President Louis Hoch emphasized the ongoing success and expansion in fast-growing sectors, including cryptocurrency and FinTech lending, aiming to enhance shareholder value through technology investment and superior service.

On May 24, 2021, Usio (Nasdaq: USIO), a prominent FinTech integrated payment solutions provider, announced its participation in the Barrington Research Virtual Spring Investment Conference on May 27, 2021. The event will feature virtual one-on-one and small group meetings hosted by CEO Louis Hoch, Senior VP Greg Carter, and Senior VP Houston Frost. Interested participants can register for the conference at this link. Usio specializes in various payment solutions, including ACH processing and electronic bill presentment.

Usio, a leading FinTech integrated payment solutions provider, reported a 73% increase in revenue for Q1 2021, reaching $13.5 million. This marks the fastest growth rate in the company's history, driven by strong performance in ACH, credit card processing, and prepaid services. The company achieved positive adjusted EBITDA of $0.2 million, reflecting a significant improvement from an adjusted EBITDA loss in the prior year. Usio maintains a robust financial condition with $4.3 million in cash, while aiming to exceed its 50% revenue growth target for the year.

Usio, Inc. (Nasdaq: USIO) announced the release of its first quarter financial results for the period ended March 31, 2021, scheduled for May 13, 2021, after market close. A conference call will take place on May 14, 2021, at 11:00 a.m. Eastern time to discuss these results and provide a business update. Interested participants can join via phone or live webcast. A replay will be available for those unable to attend. Usio is a leading FinTech integrated payment solutions provider, offering various services including credit, debit, and ACH processing.

Usio, Inc. (Nasdaq: USIO) reported a record $1.86 billion in processing dollars for Q1 2021, more than double its previous record. Key metrics saw significant increases: ACH electronic check processing surged 139%, while credit card transactions and prepaid load volume both rose 105%. This momentum showcases the company’s operational growth and its ability to capitalize on business opportunities. CEO Louis Hoch emphasized the ongoing investments to enhance Usio's market position further.

Usio, a leading electronic payment solutions provider, anticipates record performance in Q1 2021, expecting to process over $1.8 billion, double its previous record of $920 million. CEO Louis Hoch highlighted over 100% year-over-year growth across all segments: ACH, Card, and Prepaid. The company projects a 50% revenue increase and improved profitability metrics. These results are preliminary, with final figures to be released later. Usio's diverse payment channel strategy positions it well in the FinTech market.

Usio, Inc. (NASDAQ: USIO) reported a strong performance for Q4 2020, achieving record revenues of $9.4 million, a 27.4% increase year-over-year, primarily driven by a 97.5% surge in prepaid card services. The company also announced positive adjusted EBITDA of $0.3 million, with gross profits rising 62.7% to $2.4 million. For the full year, total revenues reached $32.3 million, up 14% from 2019. Management remains optimistic, anticipating continued growth in 2021, supported by its evolving prepaid and ACH segments, alongside the recent Output Solutions acquisition.

Usio, a prominent integrated electronic payment solutions provider, announced its fourth quarter financial results for the period ending December 31, 2020, will be released on March 30, 2021, before market opening. The management will host a conference call on the same day at 11:00 a.m. Eastern to discuss the results and provide a business update. For participation, U.S. callers can dial 1-844-883-3890 while international callers should use 1-412-317-9246. A replay of the call will be available until April 12, 2021.