I3 Verticals, Inc. Revises Financial Outlook for the Fiscal Year Ending September 30, 2021
August 09, 2021 at 04:05 pm EDT
Share
i3 Verticals, Inc. revised financial outlook for the Fiscal Year Ending September 30, 2021. For the fiscal year the company expects Revenue (excludes Acquisition Revenue Adjustments) between $212,000,000 - $222,000,000 compared to pervious outlook range of $198,400,000 - $214,400,000.
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.