Global Payments, Inc. - GPN STOCK NEWS

Global Payments announced Q2 2021 results, reporting $2.14 billion in GAAP revenues, up from $1.67 billion year-over-year. Diluted EPS increased to $0.89 from $0.12, with an operating margin of 17.0%. Adjusted net revenues rose 28% to $1.94 billion, while adjusted EPS surged 56% to $2.04. The company is raising 2021 adjusted net revenue expectations to $7.70-$7.73 billion, reflecting 14%-15% growth. Global Payments also announced partnerships, including acquiring Bankia’s payments businesses and collaborating with Amazon Web Services. A quarterly dividend of $0.25 per share will be paid on September 24, 2021.

Global Payments Inc. (NYSE: GPN) announced PwC as a charter member of its TSYS Partner Program, enhancing partnerships with top global companies. This initiative aims to unlock business opportunities by offering comprehensive software and services to various sectors including finance and retail. Global Payments’ cloud technologies enable rapid deployment of innovative solutions, including fraud tools and analytics. The collaboration is expected to bolster Global Payments' market position, ultimately helping clients modernize and compete in a fast-evolving digital landscape.

Global Payments Inc. (GPN), a leader in payment technology, will announce its second quarter 2021 financial results before market opening on August 2, 2021. The management will conduct a live audio webcast at 8:00 a.m. EDT on the same day to discuss these results. Interested parties can access the webcast via the company's investor relations page. A replay will be available afterwards. Global Payments is headquartered in Georgia, employs nearly 24,000, and operates in over 100 countries, making it a Fortune 500 and S&P 500 member.

Global Payments (NYSE: GPN) announced that Cameron Bready, President and COO, will present at the Bank of America Global Technology Conference on June 9, 2021, at 5:30 p.m. EDT. The presentation will be available via a live webcast from the investor relations section of their website, which can be accessed at www.globalpayments.com. A replay will be accessible post-event. Global Payments is recognized for its innovative payment technology solutions and operates in over 100 countries with nearly 24,000 employees.

Global Payments Inc. (NYSE: GPN) announced that CEO Jeff Sloan will present at the J.P. Morgan Global Technology, Media and Communications Conference on May 25, 2021, at 11:00 a.m. EDT. The event will be available for live streaming via the company’s investor relations web page, and a replay will follow. Global Payments is a prominent payment technology provider, employing nearly 24,000 staff across over 100 countries. The firm is a member of the S&P 500, delivering innovative software and services to enhance business efficiency worldwide.

Global Payments Inc. (GPN) announced that Paul Todd, Senior Executive Vice President and Chief Financial Officer, will present at the Barclays Emerging Payments and Fintech Forum on May 20, 2021, at 2:40 p.m. EDST. Investors can listen to the live webcast on the company’s website, with a replay available post-event. Global Payments, headquartered in Georgia, employs nearly 24,000 people and serves clients across over 100 countries, providing innovative payment solutions and services.

Global Payments (NYSE: GPN) has renewed its partnership with Barclays US Consumer Bank to enhance its payment technology and software solutions. This long-term agreement, facilitated through the TSYS Issuer Solutions segment, will allow Global Payments to offer comprehensive processing and support services for Barclays' credit card portfolios. Moreover, Barclays will implement TSYS Foresight Score, an innovative fraud detection solution utilizing machine learning. The partnership aims to drive digital innovation and customer experience while terms of the agreement remain undisclosed.

Global Payments Inc. reported strong Q1 2021 results, with GAAP revenues of $1.99 billion, up from $1.90 billion in Q1 2020. Diluted EPS rose to $0.66, compared to $0.48 last year. Adjusted net revenues increased by 5% to $1.81 billion, while adjusted EPS grew 15% to $1.82. The company announced acquisitions of Zego and Worldline’s PAYONE Austrian business, enhancing its strategic position. For 2021, they anticipate adjusted net revenues between $7.55 billion and $7.625 billion, projecting 12% to 13% growth. A dividend of $0.195 per share will be paid on June 25, 2021.

Global Payments (NYSE: GPN) announced its acquisition of Zego from Vista Equity Partners for $925 million, enhancing its software capabilities in the $6.5 billion real estate market. Zego, which serves over 7,000 property management clients and processes around $30 billion in payments annually, offers a comprehensive SaaS platform for resident experience management. The deal, expected to close by Q2 2021, aligns with Global Payments' strategy to strengthen its position in the software and payments sector amid rising digital commerce trends.