Latest news with #i3Verticals
Yahoo
28-05-2025
- Business
- Yahoo
i3 Verticals to Participate in June 2025 Investor Conferences
NASHVILLE, Tenn., May 28, 2025--(BUSINESS WIRE)--i3 Verticals, Inc. ("i3 Verticals" or the "Company") (NASDAQ: IIIV), announced today that management plans to participate in four upcoming investor conferences: Conference Date Time and Place Participant(s) Baird Global Consumer, Technology & Services Conference Wednesday,June 4, 2025 1x1 meetings Presentation - 11:25 a.m. ET InterContinental New York BarclayNew York, N.Y. Geoff Smith, CFO Clay Whitson, CSO Benchmark Fintech Conference Thursday,June 5, 2025 1x1 meetings Fireside chat - 11 a.m. ET Virtual Geoff Smith, CFO Clay Whitson, CSOMolly Lanford,Director FP&A BMO Virtual Software Conference Monday,June 9, 2025 1x1 meetings Virtual Clay Whitson, CSOMolly Lanford,Director FP&A D.A. Davidson Consumer & Technology Conference Tuesday,June 10, 2025 1x1 meetings Four Seasons Nashville, Tenn. Clay Whitson, CSOMolly Lanford,Director FP&A About i3 Verticals The Company delivers seamless enterprise software to customers in strategic vertical markets. Building on its sophisticated and diverse platform of software and services solutions, the Company creates and acquires software products to serve the specific needs of public and private organizations in the Public Sector. View source version on Contacts Clay WhitsonChief Strategy Officer(888) 251-0987Investorrelations@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
06-05-2025
- Business
- Business Wire
i3 Verticals Divests Healthcare RCM Business
NASHVILLE, Tenn.--(BUSINESS WIRE)--i3 Verticals, Inc. ('i3 Verticals' or the 'Company') (NASDAQ: IIIV), and Infinx, Inc. ('Infinx'), a leader in AI-powered revenue cycle management solutions, today announced the entry into a definitive agreement and the contemporaneous closing of the sale of i3 Verticals' Healthcare Revenue Cycle Management ('RCM') business, including its associated proprietary technology, to Infinx, in an all-cash transaction for $96 million, subject to post-closing purchase price adjustments. The Company will give more detailed information during its quarterly conference call on Friday, May 9, 2025, at 8:30 a.m. ET. Greg Daily, Chairman and CEO of i3 Verticals, stated, 'Several years ago we set off to build a platform to deliver fantastic revenue cycle management solutions for the healthcare industry. We are proud of what we built and continue to believe that this is an attractive market. However, we also recognize that scale is important in revenue cycle management, and our future is in providing enterprise software solutions in other markets. We found a great partner, and our healthcare management team will be well positioned to accomplish great things with Infinx. 'After the divestiture, we will be completely streamlined, focused on the Public Sector vertical, including the K-12 public education markets. We believe that focusing our efforts in this targeted area will maximize our growth potential and allow us to bring our customers the best possible service. We look forward to driving innovation and excellence in these sectors.' Jaideep Tandon, Chairman and CEO of Infinx, stated, 'We're thrilled to welcome the i3 Verticals Healthcare RCM team and their customers into the Infinx family. Their deep experience supporting Academic Medical Centers, along with the strong and trusted relationships they've built over time, is a powerful complement to our mission. By combining their domain expertise with our AI-powered RCM Insights, patient access, and automation solutions, we look forward to working alongside them to deliver meaningful financial and clinical outcomes for healthcare providers nationwide.' Advisors Raymond James & Associates, Inc. served as financial advisors to i3 Verticals and Bass, Berry and Sims, PLC served as legal advisor to i3 Verticals. Stinson LLP served as legal advisor to Infinx. About i3 Verticals The Company delivers seamless enterprise software to customers in strategic vertical markets. Building on its sophisticated and diverse platform of software and services solutions, the Company creates and acquires software products to serve the specific needs of public and private organizations in the Public Sector (including K-12 public education). About Infinx Founded in 2012, Infinx provides scalable, AI-driven solutions to optimize the financial lifecycle of healthcare providers across all functions of patient access and revenue cycle management. Its cloud-based software, powered by AI and automation, is leveraged by experienced consultants and billing specialists across the U.S., India, and the Philippines. Infinx helps 172,000 healthcare professionals across 4,000 facilities capture more revenue, stay ahead of changing regulations and payer guidelines, and focus on patient care. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, which involve risk and uncertainties. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as 'anticipate,' 'estimate,' 'expect,' 'project,' 'plan,' 'intend,' 'believe,' 'may,' 'will,' 'should,' 'could have,' 'exceed,' 'significantly,' 'likely' and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operating or financial performance or other events. These forward-looking statements are based on the Company's current beliefs, understandings and expectations. These forward-looking statements are neither promises nor guarantees, but are subject to a variety of risks and uncertainties, many of which are beyond the Company's control, which could cause actual results to differ materially from those contemplated in these forward-looking statements. Factors that could cause actual results to differ materially from those expressed or implied include risks associated with the Company's ability to execute on its strategy and achieve its goals and other expectations after completion of these transactions and risks related to the ancillary agreements entered at the closing of these transactions, as well as the risks set forth in the Company's Annual Report on Form 10-K for the fiscal year ended September 30, 2024, filed with the Securities and Exchange Commission on November 25, 2024, the Company's Quarterly Report on Form 10-Q for the fiscal quarter ended December 31, 2024, filed with the Securities and Exchange Commission on February 7, 2025, and the Company's other filings with the Securities and Exchange Commission. Any forward-looking statement made by the Company in this press release speaks only as of the date of this press release, and the Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
Business Wire
25-04-2025
- Business
- Business Wire
i3 Verticals Announces Earnings Release and Conference Call Date for Second Quarter of Fiscal 2025
NASHVILLE, Tenn.--(BUSINESS WIRE)--i3 Verticals, Inc. (Nasdaq: IIIV) ('i3 Verticals' or the 'Company'), announced today that it will release its financial results for the second quarter ended March 31, 2025, on Thursday, May 8, 2025, after the Nasdaq market close. The Company will also host a conference call on Friday, May 9, 2025, at 8:30 a.m. ET to discuss financial results and operations. To listen to the call live via telephone, participants should dial (844) 887-9399 approximately 10 minutes prior to the start of the call. A telephonic replay will be available from 11:30 a.m. ET on May 9, 2025, through May 16, 2025, by dialing (877) 344-7529 and entering Confirmation Code 5899364. To listen to the call live via webcast, participants should visit the 'Investors' section of the Company's website, and go to the 'Events & Presentations' page approximately 10 minutes prior to the start of the call. The online replay will be available on this page of the Company's website beginning shortly after the conclusion of the call and will remain available for 30 days. About i3 Verticals The Company seamlessly delivers integrated software and services to customers in strategic vertical markets. Building on its sophisticated and diverse platform of software and services solutions, the Company creates and acquires software products to serve the specific needs of public and private organizations in its Public Sector and Healthcare verticals.
Yahoo
23-03-2025
- Business
- Yahoo
Investors in i3 Verticals (NASDAQ:IIIV) have seen returns of 25% over the past five years
It might be of some concern to shareholders to see the i3 Verticals, Inc. (NASDAQ:IIIV) share price down 11% in the last month. But at least the stock is up over the last five years. Unfortunately its return of 25% is below the market return of 138%. So let's investigate and see if the longer term performance of the company has been in line with the underlying business' progress. i3 Verticals isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. When a company doesn't make profits, we'd generally hope to see good revenue growth. That's because it's hard to be confident a company will be sustainable if revenue growth is negligible, and it never makes a profit. In the last 5 years i3 Verticals saw its revenue grow at 4.8% per year. Put simply, that growth rate fails to impress. It's probably fair to say that the modest growth is reflected in the modest share price gain of 5% per year. If profitability is likely in the near term, then this might be one to add to your watchlist. The company's revenue and earnings (over time) are depicted in the image below (click to see the exact numbers). We consider it positive that insiders have made significant purchases in the last year. Having said that, most people consider earnings and revenue growth trends to be a more meaningful guide to the business. So we recommend checking out this free report showing consensus forecasts It's good to see that i3 Verticals has rewarded shareholders with a total shareholder return of 12% in the last twelve months. That's better than the annualised return of 5% over half a decade, implying that the company is doing better recently. Given the share price momentum remains strong, it might be worth taking a closer look at the stock, lest you miss an opportunity. If you want to research this stock further, the data on insider buying is an obvious place to start. You can click here to see who has been buying shares - and the price they paid. i3 Verticals is not the only stock insiders are buying. So take a peek at this free list of small cap companies at attractive valuations which insiders have been buying. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
10-03-2025
- Business
- Yahoo
i3 Verticals Partners with West Virginia Supreme Court of Appeals
NASHVILLE, Tenn., March 10, 2025--(BUSINESS WIRE)--i3 Verticals, Inc. ("i3 Verticals" or the "Company") (NASDAQ:IIIV) announced today that one of its JusticeTech® solutions is now live in West Virginia. The West Virginia Public Access Search System (WVPASS) enables citizens in all 55 counties to search and download publicly available circuit court case information dating back to 1999 from the convenience of their computer or mobile device. This allows citizens to avoid visiting a courthouse in person to search for available civil and criminal records from circuit court proceedings. "We are committed to delivering innovative software solutions to enhance efficiency and accessibility for governments and their citizens," said Dave Graves, EVP of JusticeTech® for i3 Verticals. "We are thrilled to partner with the Supreme Court of Appeals in West Virginia to provide this valuable and essential service to the state. This is yet another example of i3 Verticals assisting a Public Sector customer with its efforts to digitize records and provide enhanced transparency to the public." About i3 Verticals The Company seamlessly delivers integrated software and services to customers in strategic vertical markets. Building on its sophisticated and diverse platform of software and services solutions, the Company creates and acquires software products to serve the specific needs of public and private organizations in its Public Sector and Healthcare verticals. View source version on Contacts Clay WhitsonChief Strategy Officer(888) 251-0987Investorrelations@
