Loading...
•
Mar 31, 2020
Global Payments Q1 2020 Earnings Report
Global Payments reported first quarter earnings, expanding operating margins and growing adjusted earnings per share despite COVID-19 impact.
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
Revenue by Segment
Merchant Solutions Revenue
CapyFin.comIssuer Solutions Revenue
CapyFin.com 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