i3 Verticals cuts FY24 EPS view to $1.49-$1.57 from $1.52-$1.64

Consensus $1.59. Cuts FY24 revenue view to $380M-$394M from $385M-$400M, consensus $393.9M. Cuts FY24 adjusted EBITDA $107M-$113M from $109M-$115M. The company said, “The Company’s practice is to provide annual guidance, excluding the impact of acquisitions, dispositions and transaction-related costs. In particular, this annual guidance does not take into account any impact of the potential sale of i3 Verticals’ Merchant Services Business as described above in the Company’s results of operations for the fiscal year ending September 30, 2024, in the event that such sale is completed.”