Welcome to our dedicated page for Global Payments news (Ticker: GPN), a resource for investors and traders seeking the latest updates and insights on Global Payments stock.
Global Payments, Inc. (NYSE: GPN) is a leading worldwide provider of payment technology services, headquartered in Atlanta, Georgia. With over 4,300 employees globally, the company has a significant presence in 29 countries across North America, Europe, the Asia-Pacific region, and Brazil. As a Fortune 1000 company, Global Payments focuses on delivering innovative solutions tailored to meet the diverse needs of its customers.
Global Payments offers a wide range of products and services that allow customers to accept all types of payments through various distribution channels. The company serves small and mid-sized merchants, providing them with payment processing and software solutions to enable seamless transactions. Approximately one-fourth of Global Payments' revenue is generated from markets outside North America, particularly in Europe and Asia.
In 2019, Global Payments merged with Total System Services (TSYS) in an all-stock deal, resulting in TSYS shareholders owning 48% of the combined entity. This merger significantly expanded Global Payments' issuer processing operations and strengthened its market position.
The company's strategy leverages its advanced technologies, extensive partnerships, and the expertise of its employees to drive growth and innovation. For more information about Global Payments, including their Service. Driven. Commerce brand, please visit www.globalpaymentsinc.com.
Global Payments Inc. (NYSE: GPN) will have its CEO, Cameron Bready, present at the J.P. Morgan Global Technology, Media and Communications Conference on May 21, 2024. The live webcast can be accessed on the company's investor relations website.
Global Payments Inc. (NYSE: GPN) reported strong first-quarter 2024 results, with GAAP revenue reaching $2.42 billion, an increase of 6%, and adjusted net revenue hitting $2.18 billion, a 7% increase. The company reaffirmed its 2024 outlook, with a positive growth trajectory. The earnings per share (EPS) saw significant growth, with GAAP diluted EPS at $1.22 and adjusted EPS at $2.59. The company received EU regulatory approval for the Commerzbank joint venture, indicating progress in strategic partnerships.
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