Earnings Call Summary | Usio(USIO.US) Q1 2024 Earnings Conference
Earnings Call Summary | Usio(USIO.US) Q1 2024 Earnings Conference
The following is a summary of the Usio, Inc. (USIO) Q1 2024 Earnings Call Transcript:
以下是Usio, Inc.（USIO）2024年第一季度财报电话会议记录摘要：
Financial Performance:
财务业绩：
Usio has reported an increase in volumes across nearly all of their businesses in Q1 2024, complying with their full-year top and bottom line 2024 guidance.
They ended the quarter with more than $7 million in cash with positive cash flow, underpinned by robust interest income.
However, the quarter's margins were primarily lowered by reductions in the NYC COVID incentive program and a substantial, low-margin plastic card order.
Usio报告称，2024年第一季度几乎所有业务的销量均有所增加，这符合其2024年全年收入和利润指引。
在本季度末，他们拥有超过700万美元的现金，现金流为正，这得益于强劲的利息收入。
但是，本季度的利润率主要是由于纽约市COVID激励计划的减少以及大量的低利润塑料卡订单而降低的。
Business Progress:
业务进展：
Recently, Usio's card business signed what could potentially be their largest single contract, with prospects to double their annual volume in the coming few years.
The company has collaborated with a leading web-based ERP ISV to offer an integrated payment platform, a step projected to generate over $20 million in annual recurring revenue.
The Company is firm on its 2024 guidance, expecting a revenue increase between 10% and 12%.
最近，Usio的信用卡业务签署了可能是他们最大的单一合同，预计未来几年其年交易量将翻一番。
该公司已与一家领先的基于网络的ERP ISV合作，提供综合支付平台，这一举措预计每年将产生超过2000万美元的经常性收入。
该公司坚定不移地执行其2024年的预期，预计收入将增长10％至12％。
More details: Usio IR
更多详情： Usio IR
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