How did PRTH's Q4 earnings surprise impact its annual performance?

Priority Technology (PRTH) experienced a positive earnings surprise in Q4 2024, with an EPS surprise of $0.12, which contributed to a significant improvement in its annual net income and revenue compared to the previous year. This positive surprise likely boosted PRTH's annual net income and revenue due to the following reasons: 1. **Improve in Financial Performance**: The earnings surprise indicates that PRTH's actual performance in Q4 2024 exceeded market expectations. This improvement likely carried over to the annual figures, resulting in higher net income and revenue for the year. 2. **Revenue Growth**: The increase in total revenue from $755.61 million in 2023 to $879.7 million in 2024 suggests that PRTH's business operations expanded or operational efficiencies improved, leading to higher revenue generation. 3. **Net Income Recovery**: PRTH's net income went from a negative $1.31 million in 2023 to a positive $24.02 million in 2024. The earnings surprise in Q4 2024 likely played a crucial role in this recovery, as it directly impacts the quarterly net income figures that contribute to the annual totals. In conclusion, PRTH's Q4 earnings surprise had a profoundly positive impact on its annual financial performance, contributing to improved revenue and a significant recovery in net income.