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Global Payments Revenue grow 20 Percent in Third Quarter

Tuesday 29 March 2005 10:36 CET | News

Global Payments has reported that revenue grew 20 percent in the third quarter to $195.5 million compared to $162.6 million in the prior year. This includes $14.5 million in revenue recorded in the current quarter from the companys recent acquisitionsof MUZO and Europhil.

Net income grew 31 percent to $21.6 million compared to $16.5 million in the prior year quarter, and diluted earnings per share grew 29 percent to $0.54 compared to $0.42 in the prior year quarter. For the nine months ending February 28, 2005, revenue grew 29 percent to $576.7 million compared to $447.5 million in the prior year period. Net income grew 47 percent to $69.4 million from $47.2 million in the prior period, and diluted earnings per share grew 43 percent to $1.75 from $1.22 in the prior year period. Excluding prior year restructuring charges of $4.7 million, net income grew 38 percent from $50.1 million last year, and diluted earnings per share grew 36 percent from $1.29 last year.


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Categories: Payments & Commerce | Payments General
Countries: World
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