Green Dot

2015 News Releases

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08/04/15Green Dot Announces New Cash Processing Technology
PASADENA, Calif.--(BUSINESS WIRE)--Aug. 4, 2015-- Green Dot Corporation (NYSE:GDOT) today announced a new cash processing technology that enables customers to securely and conveniently add cash to their accounts at participating retailers using their mobile device. This service leverages Green Dot’s new mobile and web-enabled barcode generation system and thousands of Green Dot retail locations to provide a new cash-loading option. “Green ... 
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08/04/15Green Dot Reports Second Quarter 2015 Non-GAAP YoY Revenue Growth of 15% to $171M, Adjusted EBITDA margin of 20% and Non-GAAP EPS of $0.28
Better than expected Q2 results; Refines full year guidance PASADENA, Calif.--(BUSINESS WIRE)--Aug. 4, 2015-- Green Dot Corporation (NYSE:GDOT), today reported financial results for the second quarter ended June 30, 2015. For the second quarter of 2015, Green Dot reported growth of 16% and 15% year-over-year in consolidated GAAP and non-GAAP total operating revenues1 to $170.2 million and $170.8 million, respectively, and a decrease of... 
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07/14/15Green Dot Announces Opening of Wholly-Owned Subsidiary in Shanghai, China
Enhances the Company’s software development quality, speed, and efficiency PASADENA, Calif.--(BUSINESS WIRE)--Jul. 14, 2015-- Green Dot Corporation (NYSE:GDOT) today announced the official opening of Green Dot Shanghai Software Technology Co. Ltd. “Green Dot Shanghai” is a new wholly-owned subsidiary of Green Dot Corporation that is located in the Zhangjiang Hi Technology Park in the Pudong district of Shanghai. The 24,000 square foot facility... 
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07/01/15Green Dot to Announce Second Quarter 2015 Results on August 4th
PASADENA, Calif., July 1, 2015 (GLOBE NEWSWIRE) -- Green Dot Corporation (NYSE:GDOT) today announced that it will host a conference call to discuss second quarter 2015 financial results on Tuesday, August 4, 2015 at 5:00pm ET. A press release with second quarter 2015 financial results will be issued after the market closes that same day. The conference call can be accessed live over the phone by dialing (888) 348-8307, or for international callers (412) 902-4242. A replay will be available a... 
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06/22/15Green Dot Board Authorizes $150 Million Share Repurchase Program
Program subject to regulatory approval PASADENA, Calif.--(BUSINESS WIRE)--Jun. 22, 2015-- Green Dot Corporation (NYSE:GDOT) announced that its Board of Directors authorized the terms of a share repurchase plan, subject to regulatory approval. Pursuant to the program, the Company is authorized to repurchase up to $150 million of its common stock. The Company may repurchase shares on the open market or through privately negotiated transa... 
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06/22/15Green Dot Corporation to Remain Program Manager and Green Dot Bank to Remain Issuing Bank for Walmart MoneyCard
PASADENA, Calif.--(BUSINESS WIRE)--Jun. 22, 2015-- Green Dot Corporation (NYSE:GDOT) announced today that it has entered into a new, long-term agreement with Walmart, whereby Green Dot Corporation and Green Dot Bank will continue to serve as the program manager and issuing bank for the Walmart MoneyCard suite of prepaid reloadable debit card products. The initial term of this new agreement is for five years. The new term has an effective s... 
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06/02/15Green Dot to Present at the Morgan Stanley Financials Conference
PASADENA, Calif.--(BUSINESS WIRE)--Jun. 2, 2015-- Green Dot Corporation (NYSE:GDOT) today announced that it will be presenting at the Morgan Stanley Financials Conference on Wednesday, June 10, 2015 at the Waldorf Astoria in New York, NY. The presentation will begin at 12:40PM ET. Investors and interested parties can access this presentation by visiting the Company’s investor relations website at www.ir.greendot.com. About Green Do... 
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05/08/15Green Dot to Present at the Jefferies 2015 Technology, Media and Telecom Conference
PASADENA, Calif.--(BUSINESS WIRE)--May 8, 2015-- Green Dot Corporation (NYSE:GDOT) today announced that it will be presenting at the Jefferies 2015 Technology, Media and Telecom Conference on Wednesday, May 13, 2015 at the Mandarin Oriental in Miami, FL. The presentation will begin at 4:00PM ET. Investors and interested parties can access this presentation by visiting the Company’s investor relations website at www.ir.greendot.com. ... 
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05/07/15Green Dot Reports First Quarter 2015 Non-GAAP YoY Revenue Growth of 43% to $231M, Adjusted EBITDA growth of 120% to $83M and non-GAAP EPS growth of 105% to $0.86
Better than forecasted Q1 results; but higher MoneyPak headwinds now forecast for full year PASADENA, Calif.--(BUSINESS WIRE)--May 7, 2015-- Green Dot Corporation (NYSE:GDOT), today reported financial results for the first quarter ended March 31, 2015. For the first quarter of 2015, Green Dot reported growth of 43% year-over-year in both consolidated GAAP and non-GAAP total operating revenues1 to $227.2 million and $230.9 million, resp... 
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04/28/15MasterCard Named Exclusive Card Processor by Green Dot Bank
PURCHASE, N.Y.--(BUSINESS WIRE)--MasterCard (NYSE:MA) today announced that it was chosen to be the transaction processor and network gateway for all Green Dot Bank-issued deposit accounts, including the bank's debit card products. Through this new relationship, Green Dot’s (NYSE:GDOT) debit and prepaid products will be processed through MasterCard's platform which represents the latest in state-of-the-art processing solutions, with safety and security as top priorities. MasterCard Paymen... 
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04/21/15Green Dot Awarded New Mobile Patent, Expanding its Patent Library Related to Secure and Geo-Location-Aware Devices
Patent is Another Example of the Company’s Commitment to Driving Innovation in Financial Services PASADENA, Calif.--(BUSINESS WIRE)--Apr. 21, 2015-- Green Dot Corporation (NYSE:GDOT) today announced the issuance of U.S. Patent No. 8,989,778, a patent that is directed to secure and private location sharing for location-aware mobile communication devices. This latest patent, in addition to Green Dot's other granted patents and patents pending, i... 
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03/31/15Green Dot to Announce First Quarter 2015 Results on May 7th
PASADENA, Calif., March 31, 2015 (GLOBE NEWSWIRE) -- Green Dot Corporation (NYSE:GDOT) today announced that it will host a conference call to discuss first quarter 2015 financial results on Thursday, May 7, 2015 at 5:00pm ET. A press release with first quarter 2015 financial results will be issued after the market closes that same day. The conference call can be accessed live over the phone by dialing (877) 300-8521, or for international callers (412) 317-6026.  A replay will be available ap... 
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03/02/15Green Dot to Participate at Upcoming Investor Conferences
PASADENA, Calif.--(BUSINESS WIRE)--Mar. 2, 2015-- Green Dot Corporation (NYSE:GDOT) today announced that it will participate at the following investor conferences in March: On Tuesday, March 10th, the Company will present at the KBW Cards, Payments & Financial Technology Symposium at the Mandarin Oriental Hotel in New York, NY. The presentation will begin at 1:45 PM ET. Investors and interested parties c... 
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02/09/15Green Dot to Present at the Credit Suisse 16th Annual Financial Services Forum
PASADENA, Calif.--(BUSINESS WIRE)--Feb. 9, 2015-- Green Dot Corporation (NYSE:GDOT) announced today that the Company will be presenting at the Credit Suisse 16th Annual Financial Services Forum on Wednesday, February 11, 2015 at 11:00 am ET. Investors and interested parties may listen to the live webcast of this presentation by visiting the Company’s investor relations website at ir.greendot.com at the appropriate time. A replay of the presentati... 
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01/29/15Green Dot Reports Fourth Quarter Adjusted EBITDA Growth of 47%, Expects 2015 Non-GAAP Total Operating Revenues and Adjusted EBITDA to Grow at Highest Rate since 2011
Greatest Diversification of Revenue Since its IPO PASADENA, Calif.--(BUSINESS WIRE)--Jan. 29, 2015-- Green Dot Corporation (NYSE:GDOT), today reported financial results for the fourth quarter ended December 31, 2014. For the fourth quarter of 2014, Green Dot reported growth of 6% year-over-year in non-GAAP total operating revenues1 to $153 million and adjusted EBITDA of $25.8 million, representing 47% year-over-year growth. As of December 31, 2014, Green Dot’s consolidated balance she... 
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01/23/15Green Dot Wins Six Categories in 2015 Paybefore Awards
PASADENA, Calif.--(BUSINESS WIRE)--Jan. 23, 2015-- Green Dot Corporation (NYSE:GDOT) today announced it has been chosen as a 2015 Paybefore Awards winner in six categories, including “Change Agent of the Year” and “Consumer Champion,” for its prepaid debit card products, award-winning mobile bank account, GoBank, and Green Dot-managed, Walmart Visa Gift Cards. Awards include: “Change Agent of the Year” - Green Dot Corporation: A new ... 
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01/12/15Green Dot to Announce Fourth Quarter 2014 Results on January 29th
PASADENA, Calif., Jan. 12, 2015 (GLOBE NEWSWIRE) -- Green Dot Corporation (NYSE:GDOT) today announced that it will host a conference call to discuss fourth quarter 2014 financial results on Thursday, January 29, 2015 at 5:00pm ET. A press release with fourth quarter 2014 financial results will be issued after the market closes that same day. The conference call can be accessed live over the phone by dialing (877) 300-8521, or for international callers (412) 317-6026. A replay will be availab... 
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01/06/15Green Dot Promotes Chief Technology Officer Kuan Archer to Chief Operating Officer
Expanded Role Reinforces Green Dot's Position as a Leader in Innovative Financial Technology and Branchless Banking PASADENA, Calif.--(BUSINESS WIRE)--Jan. 6, 2015-- Green Dot Corporation (NYSE:GDOT) today announced it has appointed Chief Technology Officer and Executive Vice President of Product Development, Kuan Archer, to Chief Operating Officer (COO), effective January 1. In his role as COO, Kuan will continue to lead all of product ... 
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