Welcome to our dedicated page for Usio news (Ticker: USIO), a resource for investors and traders seeking the latest updates and insights on Usio stock.
Usio Inc (Nasdaq: USIO) delivers innovative electronic payment solutions and FinTech services through its cloud-based platform. This news hub provides investors and stakeholders with timely updates on company developments, financial performance, and strategic initiatives.
Access official press releases and curated news covering earnings announcements, partnership agreements, product innovations, and operational milestones. Our repository consolidates critical information for analyzing Usio's position in the payment processing sector and output solutions market.
Key updates include transaction processing advancements, ACH network expansions, and developments in electronic bill presentment technology. Users will find details on leadership changes, regulatory compliance achievements, and client acquisition trends relevant to the FinTech industry.
Bookmark this page for streamlined access to verified updates about Usio's payment facilitation services and document management solutions. Check regularly for new insights into the company's growth within evolving digital payment ecosystems.
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.
Usio, Inc. (Nasdaq: USIO) announced that Community Cares Partners (CCP) in Oklahoma has selected Usio's Prepaid Debit Card platform, Akimbo, to distribute CARES Act funds efficiently to nearly 6,000 residents. This partnership exemplifies Usio's leadership in electronic payment solutions, with over 100 organizations utilizing their technology. CCP highlighted the convenience of Usio’s cards, facilitating quick fund disbursement for families facing housing crises due to the COVID-19 pandemic. This initiative showcases the positive impact of community-focused financial solutions.
Usio, a provider of integrated electronic payment solutions, announced that CEO Louis Hoch will present at the Inaugural Emerging Growth Virtual Conference on March 17-18, 2021. This event, hosted by M Vest LLC and Maxim Group LLC, will include discussions, fireside chats, and presentations featuring various executives in the FinTech sector. Interested attendees can register for access by becoming an M-Vest member. Usio specializes in tailored payment solutions for various sectors, including merchants and banks, making them a leader in the payment processing industry.
Usio, Inc. (Nasdaq: USIO) announced record transaction and processing volumes for Q4 and the full year of 2020. Total dollars processed reached $920 million with 5.5 million transactions in Q4 alone, marking the company's best quarterly performance. Key metrics show prepaid card transaction volume surged by 143%, while credit card transactions almost doubled. Overall, total transactions for 2020 were up 19% to 18.2 million, with processed dollars at $3.34 billion. This growth sets a strong foundation for anticipated revenue increases in 2021.
