Global Payments Q1 2020 Earnings Report
Key Takeaways
Global Payments Inc. announced first quarter 2020 results, with adjusted net revenue growing to $1.729 billion and adjusted earnings per share growing 18% to $1.58.
GAAP revenues were $1.904 billion, compared to $883 million in the first quarter of 2019.
Adjusted net revenue grew to $1.729 billion, compared to $1.725 billion in the first quarter of 2019 on a combined basis.
Adjusted earnings per share grew 18% to $1.58, compared to $1.34 in the first quarter of 2019.
Adjusted operating margin of 39.0% expanded 300 basis points on a combined basis.
Global Payments
Global Payments
Global Payments Revenue by Segment
Forward Guidance
Company implemented cost initiatives that are expected to deliver at least an incremental $400 million of savings over the next 12 months.
Revenue & Expenses
Visualization of income flow from segment revenue to net income