Usio Inc.
04/12/2021 | Press release | Distributed by Public on 04/12/2021 07:44
Usio rallies as it expects over 100% Y/Y growth in Q1 electronic payments volume
Usio rallies as it expects over 100% Y/Y growth in Q1 electronic payments volume
Usio ([[USIO]] +5.9%) has announced that it expects to report record total volumes for dollars processed; to exceed $1.8B, doubling of Q4 2020, previous record quarter of $920M. Its an excellent start to a year in which the Co. expect to see revenue growth of 50% and a significant improvement in profitability metrics."I am pleased to report that through our diverse payment channel strategy, all three of our segments, ACH, Card and Prepaid, are expected to report over 100% Y/Y growth in important key performance metrics." said Louis Hoch, President and CEO.
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Usio rallies as it expects over 100% Y/Y growth in Q1 electronic payments volume
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