TSYS Reports 19.1% Increase in Operating Income and a 12.4% Increase in Net Income for First Nine Mo

Wednesday 15 October 2003 11:38 CET | News

TSYS has reported that financial results are in line with the Companys forecast for the three and nine months ended September 30, 2003.

The third quarter proved to be another solid quarter for TSYS. TSYS core services demonstrated strong growth for the quarter and the nine months ended September 30, 2003 as illustrated by the double-digit growth in revenues and operating income. The growth in core service revenues continues to be driven by the strong internal annual growth of our existing customers accounts on file of approximately 11.3%, the cross sell opportunities as evidenced by the year-to-date growth in revenues of 22.6% from value added services and the year-to-date growth of 39.0% in revenues from international clients.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

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

Payments & Commerce


Ixe Grupo Financiero, JP Morgan to set up credit card venture in Mexico

Published 08 Dec 2008 11:49 CET | World
Mexican banking group Ixe Grupo Financiero has finalised negotiations with a division of financial services provider JPMorgan Chase to set up a joint credit card venture in Mexico. ...