Green Dot Corp. (NYSE: GDOT) shares surged 21.15% in after-hours trading to $12.03 following their Q2 earnings release.
The company reported revenue of $501.16 million, exceeding forecasts and marking a 24.6% year-over-year increase. Adjusted EPS was $0.40, nearly doubling the expected $0.21.
GDOT raised its FY 2025 earnings outlook to $1.28-$1.42 per share from $1.14-$1.28, with revenue projections also revised upwards.
The stock closed the regular session at $9.93 after trading between $9.75 and $12.03, on a volume of 1.19 million shares.
