Green Dot's (GDOT) long-standing relationship with Walmart remains a key driver of its operating revenues.
Green Dot's (GDOT) third-quarter revenues and earnings surge year over year.
Today, we are discussing Green Dot's Third Quarter 2021 Financial and Operating Results. This was another solid quarter for Green Dot as we exceeded our guidance with consolidated non-GAAP revenue, up 18%; adjusted EBITDA, up 37%; and non-GAAP EPS, up 72% compared to the prior year. Much like previous quarters, our Q3 results were driven in part by unique circumstances stemming from the pandemic, including shifts in tax season and filing deadlines and government stimulus programs as well as customer behaviors and trends that have continued reinforcing the value and potential of the products we offer, both directly and through our valued partners.