Green Dot's (GDOT) CEO Steve Streit On Q1 2019 Results - Earnings Call Transcript

May 09, 2019 1:19 AM ETGreen Dot Corporation (GDOT) StockGDOT
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153.96K Followers

Q1: 2019-05-08 Earnings Summary

EPS of $1.51 beats by $0.08
 | Revenue of $340.51M (8.10% Y/Y) beats by $10.35M

Green Dot Corporation (NYSE:GDOT) Q1 2019 Earnings Conference Call May 8, 2019 5:00 PM ET

Company Participants

Dara Dierks – Investor Relations
Steve Streit – President and Chief Executive Officer
Mark Shifke – Chief Financial Officer

Conference Call Participants

Steven Kwok – KBW
Andrew Schmidt – Citi
Bob Napoli – William Blair
Ramsey El-Assal – Barclays
Ashish Sabadra – Deutsche Bank
John Hecht – Jefferies

Operator

Good day, and welcome to the Green Dot First Quarter 2019 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.

I’d now like to turn the conference over to Dara Dierks, of Investor Relations. Please go ahead.

Dara Dierks

Thank you, and good afternoon, everyone. On today’s call, we’ll discuss Green Dot’s first quarter 2019 performance and thoughts about the remainder of the year. Following those remarks, we’ll open the call for questions. For those of you who haven’t yet accessed our earnings release that accompanies this call and webcast that can be found at ir.greendot.com.

As a reminder, our comments include forward-looking statements, among other things, our expectations regarding future results and performance. Please refer to the cautionary language in the earnings release and in Green Dot’s filings with the Securities and Exchange Commission, including our most recent Form 10-K and 10-Q for additional information concerning factors that could cause actual results to differ materially from the forward-looking statements.

During the call, we will make reference to our financial measures that do not conform to generally accepted accounting principles. For the sake of clarity, unless otherwise noted, all numbers we talk about today will be on a non-GAAP basis. Information may be calculated differently than similar non-GAAP data presented by other companies. Quantitative reconciliations of our non-GAAP financial information to the directly comparable GAAP financial information appear in today’s press release. The content of this call is

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