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Global Payments a Hot Growth Company According to BusinessWeek

Saturday 19 June 2004 00:56 CET | News

Global Payments has been recognized as a "Hot Growth Company" by BusinessWeek and ranked number 89, in the magazines list of 100 "Best Small Companies."
According to BusinessWeek, "Its no small feat to spot a great business opportunity in todays fast-changing economy. Building a sustainable enterprise from that insight is even tougher. It requires speed, flexibility, innovation, and at least a little luck to thrive in the face of relentless competition." In order to uncover the top 100 contenders, BusinessWeek says it looks at a broad universe consisting of publicly traded companies with revenues ranging from $50 million to $1.5 billion a year. The magazine then ranks them by sales and earnings growth and return on capital over a three-year period, to identify those companies with a solid track record. Any company on the list must have a market cap of at least $25 million and a share price of at least $5. BusinessWeek cuts any company that has had recent earnings slides or whose stock has underperformed the Standard & Poors Industrial Composite Index.

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Keywords: ,
Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce