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Global Payments Reports First Quarter Earnings

Thursday 23 September 2004 11:41 CET | News

Global Payments has reported results for the first quarter, revenue grew 41 percent to $192.6 million compared to $136.5 million in the prior year.

This includes $31.1 million in revenue recorded in the current quarter as a result of the companys DolEx and MUZO acquisitions, which were completed during the 2004 fiscal year. Net income grew 53 percent to $24.2 million compared to $15.8 million in the prior year quarter, and diluted earnings per share grew 51 percent to $0.62 compared to $0.41 in the prior year quarter. Excluding a prior year restructuring charge of $1.6 million, net income grew 44 percent from $16.8 million last year, and diluted earnings per share grew 41 percent from $0.44 last year.


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Categories: Payments & Commerce | Payments General
Countries: World
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