- Adjusted EBITDA rose 24% to $198 million with a margin of 41%, up 450 basis points year-over-year.
- Cash and cash equivalents ended at $532 million with no debt; average daily funds held for clients increased 10% to $2.6 billion.
- GAAP net income was $89 million or $1.58 per diluted share; non-GAAP net income increased 27% to $117 million or $2.06 per diluted share.
- Paid $22 million in cash dividends and repurchased $33 million of common stock during the quarter.
- Recurring and other revenue grew 12% year-over-year to $455 million.
- Total revenue for Q2 2025 was $484 million, an 11% increase year-over-year.
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Dafinchi