Usio, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024
May 16, 2024 at 01:43 am IST
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Usio, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 20.32 million compared to USD 21.45 million a year ago. Net loss was USD 0.250188 million compared to net income of USD 0.014833 million a year ago.
Basic loss per share from continuing operations was USD 0.01. Diluted loss per share from continuing operations was USD 0.01.
Usio, Inc. is a cloud-based, Fintech payment processor. It serves multiple industry verticals with technology that facilitates payment acceptance and funds disbursement in a single, full-stack ecosystem. It provides payment acceptance through multiple payment methods, including payment facilitation, prepaid card and electronic billing products and services to businesses, merchants and consumers. Through its Prepaid Debit Card platform, it offers a variety of prepaid card products, such as reloadable, incentive, promotional and corporate card programs. It provides integrated electronic payment processing services to merchants and businesses, including credit and debit card-based processing services and electronic funds transfer via the ACH network. Its card-based processing services enable merchants to process both traditional card-present, tap-and-pay, or swipe transactions, and card-not-present transactions. Its UsioCard platform supports Apple Pay, Samsung Pay and Google Pay.
USIO, INC. 
