(Global Payments) Global Payments announced adjusted net revenues of $1.94 billion in the second quarter, up 28% from the same period last year.
Adjusted earnings per share was $2.04, up 56% from $1.31 reported in the second quarter of 2020.
The adjusted operating margin rose by 480 basis points to 41.8%.
Global Payments’ integrated business expanded by 53% in the quarter, while the acquiring businesses posted a global growth of 46%.
The board approved a $0.25 per share dividend, on record as of September 10, 2021, and payable on 24th of the same month.
The board also approved an increase of share repurchase authorization to $1.5 billion.
The company expects FY21 to post a net revenue in the range of $7.70 billion to $7.73 billion, a growth of 14% to 15%, and EPS of $8.70 to $8.20, a growth of 26% to 28% from last year.
GPN: NYSE is up +1.18% on premarket.
