I3 Verticals, Inc. Reports Earnings Results for the First Quarter Ended December 31, 2020
February 08, 2021 at 04:10 pm EST
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i3 Verticals, Inc. announced earnings results for the first quarter ended December 31, 2020. For the first quarter, the company announced sales was USD 43.313 million. Operating loss was USD 2.311 million. Net loss was USD 2.572 million.
i3 Verticals, Inc. builds, acquires, and grows software solutions in strategic vertical markets. The Company operates through two segments: Merchant Services and Software and Services. The Software and Services segment delivers vertical market software solutions to customers across all of its strategic vertical markets. These solutions often include embedded payments or other recurring services. The Merchant Services segment provides comprehensive payment solutions to businesses and organizations. Its Merchant Services segment includes third-party integrated payment solutions as well as traditional merchant processing services across its vertical markets. It offers integrated digital solutions offering dynamic processes to plan, coordinate, evaluate, record, and provide up to date information within court systems. It offers solutions for driver license, vehicle title and registration and motor carrier compliance for departments of transportation in the United States and Canada.
I3 VERTICALS, INC. 
