GreenBox POS (GBOX)

[hubbub510]

anyone notice they only increased guidance for processing volume and not revenue or net income? I mean common sense would indicate that revenue and net income would increase as well, but that may not be the case here.

Original guidance was 600M processing and 3% net which equaled 18M
but In December they processed 84M BUT had net income of about 1.5%

if that doesn't change then 1.5% of 1.2B = 18M which is the same and probably why they didn't increase any other guidance besides processing volume.

What I would like to know is. If they projected 3% net but hit only 1.5% net in December, what happened?