Usio Inc Stock Price, News & Analysis

Usio, a leading FinTech integrated payment solutions provider (Nasdaq: USIO), will participate in the D.A. Davidson Bison Select Virtual Conference on August 4, 2021. CEO Louis Hoch, along with SVPs Greg Carter and Houston Frost, will engage in a Fireside Chat and host virtual meetings throughout the day. The webcast of the Fireside Chat is scheduled for 10:30 AM Eastern. For scheduling one-on-one meetings, interested parties should contact their D.A. Davidson representative or email Joe Hassett. Usio specializes in tailored payment solutions, enhancing services with its recent IMS assets acquisition.

Usio, Inc. (Nasdaq: USIO) reported a record $2.73 billion in total dollars processed for Q2 2021, a 47% increase from Q1. This marks the company's third consecutive quarter of record electronic payments, with significant growth in ACH electronic check dollars, which nearly quadrupled. Card and prepaid processing volumes also saw impressive gains, with card processing dollars up 55% and prepaid card load volume up 65% year-over-year. The company attributes its growth to investments in its PayFac platform and a focus on fast-growing markets like cryptocurrency.

Usio Reports Record ACH Transactions and Processing for 2021

On July 19, 2021, Usio, Inc. (Nasdaq: USIO) announced that it has surpassed the total ACH Transactions and dollars processed for all of 2020 in less than seven months, setting an all-time record. CEO Louis Hoch emphasized the company's growth due to innovative technology and strong relationships in the FinTech and cryptocurrency sectors. Usio plans to release further transaction results soon, which are expected to show strong performance in PayFac/Card processing as well.

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.