I3 Verticals Inc. (IIIV) stock surged 7.20% in pre-market trading on Friday, fueled by the company's better-than-expected earnings results for the first quarter of fiscal 2025.
The financial technology firm reported adjusted earnings per share of $0.31 for the quarter ended December 31, 2024, surpassing the consensus analyst estimate of $0.26. However, revenue fell 32.9% year-over-year to $61.69 million, missing expectations of $58.79 million.
Despite the revenue miss, investors appeared to focus on the company's earnings beat, driving the stock higher in the pre-market trading session. The strong earnings performance could signal I3 Verticals' ability to navigate the challenging economic environment and maintain profitability.
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。