GreenBox POS Rises 55% in Regular Session After 2Q Report, CFO Change

Dow Jones2022-08-17

By Josh Beckerman

Shares of fintech company GreenBox POS shares surged 55% to $1.97 in the regular session Tuesday after it reported second-quarter results Monday. The stock was recently at $1.90 after hours.

The company said processing volume was more than $1 billion and about 50% ahead of internal projections. Revenue rose to $7 million from $6.4 million.

GreenBox POS said Tuesday that it named J. Drew Byelick chief financial officer, succeeding Ben Chung.

Write to Josh Beckerman at josh.beckerman@wsj.com

$(END)$ Dow Jones Newswires

August 16, 2022 18:15 ET (22:15 GMT)

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