New York, June 2, 2026, 12:05 (EDT)
- Usio was last seen at $1.59, up 1.9%. Trading was light on Nasdaq.
- The move came after shares fell 3.1% on June 1. That followed May’s record first-quarter report.
- Investors are looking at a June 10 annual meeting, with share trading still thin.
Usio Inc. shares traded up midday Tuesday on the Nasdaq, reversing a bit of Monday’s losses. Investors are still watching the small payments company after it posted a record first quarter. The stock was last at $1.59, showing a gain of 3 cents, or 1.9%. Volume was 21,028 shares, with the company’s market value around $44.1 million.
Usio is thinly traded, so even small buys or sells can have an outsized effect on the price. According to the company’s investor page, Usio shares finished at $1.56 on June 1, down 3.1% for the day. Volume came in at 57,874 shares.
Usio hasn’t posted anything new to its press page since its first-quarter numbers. Traders are still looking at the May 13 update and the June 10 annual meeting. Without more recent news from the company, moves in the stock are tracking sentiment in payments names instead of a new catalyst.
Usio said first-quarter revenue rose 16% from last year to $25.5 million. Payment volume processed climbed 28% to $2.50 billion across all channels. Adjusted EBITDA was $780,741, up from $666,248.
Usio CEO Louis Hoch said it was a “record start” and predicted “profitable, double-digit growth” in fiscal 2026. Credit-card revenue was up 23%, ACH and complementary services revenue climbed 25%, and Output Solutions revenue gained 19%. ACH is the automated clearing house for electronic payments. GlobeNewswire
Usio’s May filing broke down payment trends. The company reported a 22% increase in credit-card transactions, a 34% rise in ACH transaction counts, and a 31% jump in electronic-check dollars processed for the quarter. Prepaid card load volumes fell 19%, and prepaid card transactions dropped 16%, mostly because one large client cut back activity.
On the earnings call, Michael White, Usio’s senior vice president and chief accounting officer, said stronger revenue led to the “highest quarterly revenue” the company has seen. Greg Carter, executive vice president of payment acceptance and chief revenue officer, described it as “another record quarter for card.” He cited PayFac, or payment facilitator, growth as a driver. That model lets software firms provide their own customers with payment acceptance. Investing
Usio is trading differently from the payments giants. Around the same time, Fidelity National Information Services dropped 3.9% and Global Payments shed 2.3%. Usio ticked higher, but from a smaller base and much less volume.
Usio holds its annual meeting on June 10 at 10 a.m. Central in San Antonio, with online access for shareholders who register by noon Central on June 9. Investors plan to vote on board seats, advisory pay, and approve Withum Smith+Brown as auditor.
Risks are easy to spot. Gross margin was down in Q1, interest revenue dropped, and the prepaid card business kept weighing on results. Usio warned that bringing in PostCredit could take time and money, and told investors it can’t guarantee the deal will work as planned. With a stock this size, bad execution, softer volumes, or a few big holders selling could move shares quickly.
