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IIIV News
IIIV Events
Lowers FY26 Revenue Guidance to $216M-$221M
Consensus $1.14. Lowers FY26 revenue guidance to $216M-$221M from $221M-$229M, consensus $223.68M.
i3 Verticals Reports Q3 Revenue of $53.1M
Reports Q3 revenue $53.1M, consensus $54.99M. Greg Daily, CEO of i3 Verticals, commented, "Our third quarter results came in below our expectations, reflecting ongoing weakness in certain non-recurring revenue streams and implementation delays. While we are disappointed with this outcome, we remain focused on attractive future growth opportunities. Annualized recurring revenue grew 8% year over year. We are pleased to announce the go-live of four material statewide services in our Transportation market, which we believe will help re-accelerate recurring revenue growth going forward. We have now repurchased more than 20% of our outstanding shares under share repurchase programs since October 2024, reflecting our long-term confidence in the direction of our business."
Cuts FY26 Revenue Outlook to $221M-$229M
Consensus $1.13. Cuts FY26 revenue view to $221M-$229M from $223M-$234M, consensus $227.77M.
i3 Verticals Reports Q2 Revenue of $57.5M
Reports Q2 revenue $57.5M, consensus $57.51M. Greg Daily, Chairman and CEO of i3 Verticals, commented, "We are pleased with our second quarter results, which reflect continued progress in the execution of our strategy. Revenue from continuing operations grew 6% year over year, driven by strong performance across our recurring revenue streams, and annualized recurring revenue increased nearly 12% compared to the prior year."
Raises FY26 Revenue Outlook to $223M-$234M
Consensus $1.12. Raises FY26 revenue view to $223M-$234M from $217M-$232M, consensus $226.07M.
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