Triumph’s open-loop system hits a milestone, even as payments’ EBITDA loss widens

Capt. John

In a quarter in which Triumph Financial recorded a better-than-forecast performance by some measures, the company’s open-loop network also hit a milestone of another sort.

According to SeekingAlpha, Triumph’s (NASDAQ: TFIN) GAAP EPS was 67 cents per share, and that beat consensus by 3 cents. Fourth quarter revenue of $112.84 million beat forecasts by $2.68 million. 

The company’s stock, down about 47% in the last year, responded positively, moving up from about $52 at the close Wednesday, when...

https://www.freightwaves.com/news/triumphs-open-loop-system-hits-a-milestone-even-as-payments-ebitda-loss-widens

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