Latest news with #Usio
Globe and Mail
23-07-2025
- Business
- Globe and Mail
Usio to Host Second Quarter 2025 Conference Call to Discuss Results and Provide Company Update on August 6, 2025
SAN ANTONIO, July 23, 2025 (GLOBE NEWSWIRE) -- Usio, Inc. (Nasdaq:USIO), a leading provider of integrated, cloud-based electronic payment and embedded financial solutions, today announced it will release second quarter 2025 financial results for the period ended June 30, 2025, after the market closes on Wednesday, August 6, 2025. Usio's management will host a conference call the same day, August 6, 2025, beginning at 4:30 p.m. Eastern time to review financial results and provide a business update. Following management's formal remarks, there will be a question-and-answer session. To listen to the conference call, interested parties within the U.S. should call 1-888-999-6281. International callers should call 1-848-280-6550. All callers should ask for the Usio conference call. The conference call will also be available through a live webcast, which can be accessed via the company's website at A replay of the call will be available approximately one hour after the end of the call through August 20, 2025. The replay can be accessed via the Company's website or by dialing 1-877-344-7529 (U.S.), 1-855-669-9658 (Canada) or 1-412-317-0088 (all other international). The replay conference playback code is: 9584705. About Usio, Inc. Usio, Inc. (Nasdaq: USIO), a leading, cloud-based, integrated FinTech electronic payment solutions provider, offers a wide range of payment solutions to merchants, billers, banks, service bureaus, integrated software vendors and card issuers. The Company operates credit, debit/prepaid, and ACH payment processing platforms to deliver convenient, world-class payment solutions and services clients through its unique payment facilitation platform as a service. The company, through its Usio Output Solutions division, offers services relating to electronic bill presentment, document composition, document decomposition and printing and mailing services. The strength of the Company lies in its ability to provide tailored solutions for card issuance, payment acceptance, and bill payments as well as its unique technology in the card issuing sector. Usio is headquartered in San Antonio, Texas, and has offices in Austin, Texas. Websites: and Find us on LinkedIn, Facebook® and Twitter. FORWARD-LOOKING STATEMENTS DISCLAIMER Except for the historical information contained herein, the matters discussed in this release include forward-looking statements which are covered by safe harbors. Those statements include, but may not be limited to, all statements regarding management's intent, belief, and expectations, such as statements concerning our future and our operating and growth strategy. These forward-looking statements are identified by the use of words such as "believe," "intend," "look forward," "anticipate," "schedule," and "expect" among others. Forward-looking statements in this press release are subject to certain risks and uncertainties inherent in the Company's business that could cause actual results to vary, including such risks related to an economic downturn as a result of the COVID-19 pandemic, the realization of opportunities from the IMS acquisition, the management of the Company's growth, the loss of key resellers, the relationships with the Automated Clearinghouse network, bank sponsors, third-party card processing providers and merchants, the security of our software, hardware and information, the volatility of the stock price, the need to obtain additional financing, risks associated with new tax legislation, and compliance with complex federal, state and local laws and regulations, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission including its annual report on Form 10-K for the fiscal year ended December 31, 2024. One or more of these factors have affected, and in the future, could affect the Company's businesses and financial results in the future and could cause actual results to differ materially from plans and projections. The Company believes that the assumptions underlying the forward-looking statements included in this release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by us or any other person that the objectives and plans will be achieved. All forward-looking statements made in this release are based on information presently available to management. The Company assumes no obligation to update any forward-looking statements, except as required by law.
Business Insider
07-06-2025
- Business
- Business Insider
Usio downgraded to Underperform from Market Perform at Barrington
Barrington analyst Gary Prestopino downgraded Usio (USIO) to Underperform from Market Perform. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Business Insider
23-05-2025
- Business
- Business Insider
Usio files $37M mixed securities shelf
17:15 EDT Usio (USIO) files $37M mixed securities shelf Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Yahoo
15-05-2025
- Business
- Yahoo
Usio Inc (USIO) Q1 2025 Earnings Call Highlights: Record Revenues and Strategic Initiatives ...
Release Date: May 14, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Usio Inc (NASDAQ:USIO) reported record numbers in first quarter revenues, with a significant increase in processing volume and strong cash flow. Total processing volume was up 34%, with ACH processing volume increasing by 36%, indicating strong growth in electronic transactions. The company successfully launched the UCO One initiative, aimed at cross-selling and increasing acceptance of Usio's suite of services. Usio Inc (NASDAQ:USIO) generated $700,000 in cash during the quarter, ending with a cash balance of $8.7 million. The company is confident in achieving 14 to 16% top-line revenue growth for the year, driven by new implementations and favorable market conditions. Gross profits remained relatively unchanged from the previous year, with margins softer due to the revenue mix. Net income was down in the quarter compared to the previous year. The company experienced a decline in interest revenue related to funds held for customers, impacting gross margins. Revenue growth was only 5% despite a 36% increase in processing volume, indicating a disconnect between volume and revenue. The impact of the New York City COVID program, which previously contributed over a million dollars in revenue, will no longer affect future comparisons. Warning! GuruFocus has detected 2 Warning Sign with USIO. Q: Can you clarify the organic revenue growth, considering the $1 million in spoilage revenue from the previous year? A: Yes, the $1 million in spoilage revenue from last year was a one-time event. Adjusting for that, the organic growth rate for the quarter was over 10%. This adjustment aligns with our guidance for revenue acceleration in the second half of the year and our full-year revenue growth target of 14 to 16%. - Lewis Holk, Chairman and CEO Q: Could you provide more details on the UCO One sales initiative and its early progress? A: We have 12 quota-bearing salespeople who previously specialized in different business lines. With UCO One, we are consolidating sales efforts and moving to a standardized CRM. This initiative aims to facilitate cross-selling across our services, and we are optimistic about its potential to drive growth. - Greg Carter, Executive Vice President and Chief Revenue Officer Q: Why did gross margins decline year over year despite ACH being the fastest-growing segment? A: Last year's $1 million in spoilage revenue was returned to the City of New York, so it did not contribute to margins. Additionally, interest revenue related to customer funds was down, impacting gross margins. - Michael White, Senior Vice President and Accounting Officer Q: What is the company's strategy for M&A, and what criteria do you use to evaluate opportunities? A: Our M&A criteria include finding companies with synergies in technology, people, or industries we are not currently in. We aim to acquire companies at a multiple lower than our trading multiple and ensure they can sustain themselves post-acquisition. We are seeing more opportunities in the market. - Lewis Holk, Chairman and CEO Q: Can you explain the Consumer Choice product and its significance? A: The Consumer Choice product allows clients to disperse funds through various methods, including virtual cards, ACH, and paper checks. It integrates multiple UCO services into a single solution, generating revenue from each method chosen. This product exemplifies our strategy to cross-sell UCO services and enhance client offerings. - Houston Frost, Chief Product Officer For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Miami Herald
15-05-2025
- Science
- Miami Herald
Grad student discovers clawed creature tangled near WA lake. It's a new species
A graduate student came across a reddish-brown creature with claws that was tangled up in fishing line at a Washington lake — and it turned out to be a new species. Its scientific name is Pacifastacus okanaganensis, but it's known commonly as the Okanagan crayfish. A crayfish is a kind of crustacean, like a crab or lobster. The new species identification was shared in a May 8 study in the peer-reviewed journal Zootaxa. The graduate student, Eric Larson, has since graduated and is now an associate professor in the Department of Natural Resources and Environmental Sciences at the University of Illinois at Urbana-Champaign. He's the lead author of the study, which also documents another new crayfish species in Oregon. A method called genome skimming was used in identifying the new species. The Okanagan crayfish is found in north central Washington and south central British Columbia, Canada, researchers said. It's 'olive brown to brick red,' with a shell, claws and a pair of tubercles that extend from its head, among other features, according to researchers. Its name comes 'from an Okanagan-Salish language place name' and acknowledges its distribution 'throughout the Okanagan and Thompson plateaus and Okanagan Lake, British Columbia, as well as Okanogan County, Washington,' researchers said. Multiple specimens were analyzed as part of the study. Larson, who's been researching crayfish and similar creatures for years, including when he was a graduate student at the University of Washington in Seattle more than a decade ago, recalls that first Okanagan crayfish he came across — the one tangled in fishing line. Larson was in the middle of his doctoral studies, and a colleague from Japan, Nisikawa Usio — also an author on the study — shared that he'd come across an unusual crayfish 'up the mountain from Spokane, Washington,' Larson told McClatchy News in a phone interview. Usio encouraged Larson to take a look. Larson did just that. He liked to hike and camp, and in his free time, he'd 'drive over the mountains and look for this animal,' he said. He found it on the bank of a lake in the Okanogan-Omak area of Washington. When he saw it, he knew it was what he was looking for. To Larson, crayfish are fascinating, but 'I think people can misjudge their diversity,' he said. There are hundreds of species globally, and they differ 'in their habitat associations, how they interact with their food web (and) how abundant they might be,' Larson said. That means they're not interchangeable and moving them around can have ripple effects, he said. Identifying the new species is meaningful, he said, including because 'we can't really manage or conserve these animals if we don't know they exist.' The research team included Usio, plus Cathryn L. Abbott, Scott R. Gilmore, Caren C. Helbing, Mark Louie D. Lopez, Hugh Macintosh, Liane M. Stenhouse and Bronwyn W. Williams.
