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. Common Stock (symbol: USIO) represents a leading force in the electronic payment processing industry. Founded in late 2008 by Charles Yancey, a veteran of the payment processing field, Usio, Inc. runs on an innovative business model designed to revolutionize how businesses handle payments. With a mission to simplify and optimize transaction processes, Usio offers a unique 'one flat rate' program. This program allows clients to stabilize their credit card processing costs, making it easier to understand and reconcile monthly merchant statements.
Usio targets key vertical markets with higher-than-average processing volumes, such as utilities, municipalities, dental practices, veterinary services, marinas, and automotive dealerships. By focusing on these sectors, Usio enhances customer retention and provides significant value to its clients.
As a United States-based company, Usio offers integrated electronic payment services that include credit and debit card processing, as well as transaction processing through the Automated Clearing House (ACH) network. The company also operates a wholly-owned subsidiary dedicated to Output Solutions operations, broadening its service offerings and market reach.
Usio's recent achievements and current projects highlight its ongoing commitment to innovation and customer satisfaction. The company remains financially robust, with strategic partnerships and cutting-edge products driving its growth. Through continuous improvements and a client-centric approach, Usio, Inc. positions itself as a trusted partner for businesses seeking reliable and efficient payment solutions.
Stay updated on the latest news and developments about Usio, Inc. Common Stock to understand how the company is evolving and what it means for your investment.
Usio (NASDAQ: USIO) announced the integration of its payment facilitation solution, PayFac-in-a-Box, with Microsoft Dynamics 365 Business Central ERP software through a partnership with Suite Engine, LLC.
The new Channel Payments Manager app allows Business Central users to process customer payments seamlessly, requiring no additional integration work. This solution is self-installing and aims to enhance the revenue generation capabilities for companies using Business Central.
Suite Engine’s integration offers a cost-effective digital payment solution that can be deployed quickly, further solidifying Usio’s position in the FinTech space.
Usio, Inc. (Nasdaq: USIO), a FinTech provider of integrated payment and financial solutions, will announce its first quarter fiscal 2023 financial results for the period ending March 31, 2023, after market close on May 3, 2023. A conference call to discuss these results will take place the same day at 4:30 p.m. Eastern Time, followed by a Q&A session. Interested participants can join via phone or by accessing the live webcast on the company's website. A replay of the call will be available after one hour of its conclusion until June 3, 2023. The company focuses on delivering tailored financial solutions through its cloud-based platforms, serving various sectors including merchants and financial institutions.
Usio, Inc. (NASDAQ:USIO) will present at the Ladenburg Thalmann Technology Expo 2023 on
Attendees can access a live webcast of the presentation here. Usio operates various payment processing platforms and offers tailored solutions for card issuance and payment acceptance, headquartered in
Usio, a leading FinTech company, reported a 12% increase in full-year revenues, totaling $69.4 million, marking the sixth consecutive year of record revenue. The fourth quarter revenue hit $18.7 million, a 7% rise year-over-year, fueled by strong growth in Output Solutions and Prepaid services. Despite challenges in 2022, including the cryptocurrency market's impact on ACH revenues, Usio anticipates 18-20% growth in fiscal 2023, alongside positive operating cash flow and Adjusted EBITDA. The company ended the year with approximately $5.7 million in cash and no significant debt.
Usio, Inc. (NASDAQ: USIO) is set to announce its fourth quarter and fiscal year end 2022 financial results on March 8, 2023, after market close. A conference call will follow at 4:30 p.m. ET to discuss the results and provide a business update, including a Q&A session. Interested parties can join via phone or listen to a live webcast on the company's website. A replay of the call will be available within an hour post-call until March 22, 2023. Usio operates comprehensive, cloud-based payment and financial solutions for various clients, including merchants and banks.
Usio, Inc. (NASDAQ: USIO) has announced the expansion of its partnership with MoviePass, now operational in nine cities due to increased demand for the MoviePass Debit card. The partnership has signed over 25 exhibitor partners, indicating significant market penetration. CEO Louis Hoch highlighted that nearly 800,000 beta clients registered within five days, showcasing the brand's strong appeal. MoviePass plans further city expansions to meet customer interest. The partnership leverages Usio's advanced prepaid card technology, enhancing funding control and user experience. This strategic growth reflects Usio's commitment to innovative payment solutions.
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