Green Dot Q2 2023 Earnings Report

Green Dot EPS Results

• Actual EPS: $0.20
• Consensus EPS: $0.20
• Beat/Miss: Met Expectations
• One Year Ago EPS: N/A

Green Dot Revenue Results

• Actual Revenue: $361.14 million
• Expected Revenue: $332.39 million
• Beat/Miss: Beat by +$28.75 million
• YoY Revenue Growth: N/A

Green Dot Announcement Details

• Quarter: Q2 2023
• Date: 8/3/2023
• Time: N/A

Green Dot (NYSE:GDOT), a financial technology and registered bank holding company, provides various financial services to consumers and businesses in the United States. It operates through three segments: Consumer Services, Business to Business Services, and Money Movement Services. The company provides deposit account programs, including consumer and small business checking account products, network-branded reloadable prepaid debit cards and gift cards, and secured credit programs. It offers money processing services, such as cash transfer services that enable consumers to deposit or pick up cash and pay bills with cash at the point-of-sale at any participating retailer; and simply paid disbursement services, which enable wages and authorized funds disbursement to its deposit account programs and accounts issued by any third-party bank or program manager. In addition, the company offers tax processing services comprising tax refund transfers, which provide the processing technology to facilitate receipt of a taxpayers' refund proceeds; small business lending to independent tax preparation providers that seek small advances; and fast cash advance, a loan that enables tax refund recipients. Green Dot Corporation was incorporated in 1999 and is headquartered in Austin, Texas.