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PRIORITY TECHNOLOGY HOLDINGS, INC. schedules audio webcast call with investors to be held Wednesday, August 15, 2018
  • USA - English


News provided by

Priority Technology Holdings, Inc.

Aug 15, 2018, 08:00 ET

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ALPHARETTA, Ga. (PRWEB) August 15, 2018 -- Priority Technology Holdings, Inc. (NASDAQ: PRTH), or the “Company,” announced today that it will conduct a live audio webcast with investors at 8:30 am EDT on Wednesday, August 15, 2018 to discuss the Company’s business outlook and financial results for the first six months of 2018. The Company’s financial results for the six-month period ended June 30, 2018 will be reported in its Current Report on Form 8-K/A, which will be filed with the U.S. Securities and Exchange Commission (“SEC”) after market close on Tuesday, August 14, 2018 and made available on the SEC’s website at http://www.sec.gov and under the “Investor Relations” section of the Company’s website at http://www.PRTH.com.

To access the audio webcast, log onto https://edge.media-server.com/m6/p/vfhqphsa and select “Priority Technology Call for 2018 First Half.” The event can also be accessed by dialing 877-501-3161 from the U.S. and Canada or 1-786-815-8443 from other countries, using passcode 7287326. These instructions, along with instructions to access an audio playback, will be posted in the “Investor Relations” section of the Company’s website at http://www.PRTH.com.

The audio webcast call and the Company’s financial results for the six months ended June 30, 2018 and historical periods presented will include certain non-GAAP measures. These non-GAAP measures include EBITDA, Adjusted EBITDA, and Earn-out Adjusted EBITDA. The Company presents these non-GAAP measures because the Company’s management considers them to be important supplemental measures of the Company’s performance and believes they are frequently used by securities analysts, investors, and other interested parties in the evaluation of companies in its industry. These measures also afford investors a view of what management considers to be the Company's core performance. The non-GAAP measures for the six-month period ended June 30, 2018 and historical periods presented are reconciled to net income or net loss determined using GAAP under the section entitled “Certain Non-GAAP Measures” in “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Exhibit 99.4 to the Company’s Current Report on Form 8-K/A to be filed with the SEC after market close on August 14, 2018.

Matters to be discussed on the audio webcast may contain forward-looking statements about the Company’s plans and future expectations that are covered under the purview of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on a number of assumptions and estimates that are inherently subject to significant risks and uncertainties, and the Company’s actual results could differ materially from the results anticipated by such forward-looking statements. See the section entitled “Forward-Looking Statements” in “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Exhibit 99.4 to the Company’s Current Report on Form 8-K/A to be filed with the SEC after market close on August 14, 2018.

About Priority Technology Holdings, Inc.

Priority Technology Holdings, Inc. is a leading provider of merchant acquiring and commercial payment solutions, offering unique products and service capabilities to its merchant network and distribution partners. Our enterprise operates from a purpose-built business platform that includes tailored customer service offerings and bespoke technology development, allowing us to provide end-to-end solutions for payment and payment-adjacent opportunities. We are headquartered near Atlanta in Alpharetta, Georgia.

Source: Priority Technology Holdings, Inc.

Christopher S. Prince, Priority Technology Holdings, Inc., +1 404-952-2149, [email protected]

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