Priority Technology (NASDAQ:PRTH) Issues Earnings Results, Beats Estimates By $0.06 EPS

Posted by on May 11th, 2026

Priority Technology (NASDAQ:PRTH – Get Free Report) released its quarterly earnings results on Monday. The company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.06, FiscalAI reports. Priority Technology had a negative return on equity of 66.50% and a net margin of 5.84%.The business had revenue of $249.56 million for the quarter, compared to the consensus estimate of $242.87 million.

Here are the key takeaways from Priority Technology’s conference call:

  • Strong Q1 results — revenue of $249.6M (+11%), adjusted gross profit $98.8M (+13%), adjusted EBITDA $58.1M (+13%) and adjusted EPS $0.28 (+27%).
  • Payables and Treasury drove growth — Payables revenue +35.6% and Treasury +17.5%, together accounting for ~63% of adjusted gross profit and increasing the share of recurring, higher-value revenue.
  • Margin mix pressures — Payables gross margin declined ~210 bps and Treasury margins ~370 bps due to mix shifts, lower-margin acquisitions and GAAP gross-vs-net recognition effects that could weigh on segment margins.
  • Balance sheet and guidance maintained — $1.02B debt, ~$192M liquidity, net leverage ~4.0x (improved from 4.2x), $28M free cash flow in Q1, and full-year revenue and adjusted EBITDA guidance reaffirmed.
  • Merchant solutions mixed — merchant revenue up 6.7% and card volume +2.5%, but average merchant accounts edged down and some verticals (restaurants, construction, legal) remain soft while real estate and retail showed strength.

Priority Technology Stock Performance

PRTH traded up $0.25 on Monday, hitting $5.87. 565,021 shares of the company were exchanged, compared to its average volume of 291,399. The firm has a fifty day simple moving average of $5.14 and a two-hundred day simple moving average of $5.58. The stock has a market capitalization of $483.45 million, a PE ratio of 8.52 and a beta of 1.49. Priority Technology has a 12 month low of $4.44 and a 12 month high of $8.89.

Analysts Set New Price Targets

A number of brokerages recently weighed in on PRTH. TD Cowen decreased their price objective on Priority Technology from $10.00 to $9.00 and set a “buy” rating on the stock in a report on Wednesday, March 11th. TD Securities reduced their price target on shares of Priority Technology from $10.00 to $9.00 and set a “buy” rating on the stock in a research report on Wednesday, March 11th. Zacks Research downgraded shares of Priority Technology from a “hold” rating to a “strong sell” rating in a research note on Wednesday, March 11th. Weiss Ratings restated a “hold (c)” rating on shares of Priority Technology in a report on Friday, March 27th. Finally, Wall Street Zen cut shares of Priority Technology from a “buy” rating to a “hold” rating in a research note on Saturday. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $8.75.

View Our Latest Stock Report on Priority Technology

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Wells Fargo & Company MN raised its holdings in Priority Technology by 1,912.7% during the 4th quarter. Wells Fargo & Company MN now owns 711,136 shares of the company’s stock valued at $3,876,000 after buying an additional 675,803 shares during the last quarter. Beartown Capital Management LLC purchased a new position in shares of Priority Technology in the fourth quarter valued at about $2,180,000. FourWorld Capital Management LLC bought a new position in shares of Priority Technology during the fourth quarter valued at about $2,007,000. AQR Capital Management LLC purchased a new stake in shares of Priority Technology during the first quarter worth about $2,292,000. Finally, Atom Investors LP purchased a new stake in shares of Priority Technology during the fourth quarter worth about $1,599,000. Institutional investors own 11.52% of the company’s stock.

Priority Technology Company Profile

(Get Free Report)

Priority Technology Acquisition Corp is a special purpose acquisition company formed to effect a merger, capital stock exchange, asset acquisition, stock purchase, recapitalization or similar business combination with one or more businesses in the technology sector. As a blank-check company, it does not conduct any operations of its own and holds the proceeds from its initial public offering in a trust account pending the identification and completion of a business combination.

The company’s management team is focused on evaluating target businesses that offer scalable technology products or services, including software, digital platforms and related infrastructure.

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Earnings History for Priority Technology (NASDAQ:PRTH)

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