Priority Commerce 3Q Revenue Rises 11.3% to $268.62M; EPS $0.14
Third-quarter revenue rose 11.3% year over year. Net income declined as higher operating and income tax expenses outweighed revenue growth and lower interest expense.
Priority Commerce's third-quarter revenue rose 11.3% year over year, while net income declined as higher operating expenses and income tax expense outweighed revenue growth and lower interest expense. Revenue gains reflected acquisition activity and stronger card processing, Payables activity and T…