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Green Dot Corp  (GDOT)
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EARNINGS REPORT by CSIMarket

Earnings helped by tax benefit

A $5 million tax benefit, helped Green Dot Corp to post $0.00 eps in the third quarter 2018

Debit_Card_By_Elph_(Own_work)_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons.jpgFor the third quarter 2018 Green Dot Corp reached break-even of $0.00 per share compare to $0.00 a year ago and from $0.00 per share from the previous quarter.

Sales were up by 14.37 % to $231 millions from $202 millions in the same quarter a year ago and sequentially Sales deteriorated by -10.75 % from $258 millions.



Net income of $5 millions in the third quarter 2018 fell by -66.47 % from $14 millions in the corresponding period a year before.

The situation for Green Dot Corp would be even worse, if there wasn't $5 million tax benefit, to restrain the decline to just -66.47 % in the third quarter 2018. Green Dot Corp shifted it's focus on improving sales in the third quarter 2018, as a result net margin eased to 1.98%.


Green Dot Corp is expected to report next financial results on February 15, 2019.


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Other GDOT's Earnings Reports

Green Dot reported second quarter 2018 earnings

Green Dot reported first quarter 2018 earnings

Green Dot reported forth quarter 2017 earnings

     
       
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