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Global Payments Inc (GPN.N)

GPN.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Global Payments Inc files for resale of up to an aggregate of 6.4 million shares
Thursday, 7 Sep 2017 04:33pm EDT 

Sept 7 (Reuters) - Global Payments Inc :Global Payments Inc files for resale of up to an aggregate of 6.4 million shares of common stock by the selling stockholders ‍​- SEC filing.  Full Article

Global Payments Q2 earnings per share $0.44
Thursday, 3 Aug 2017 06:55am EDT 

Aug 3 (Reuters) - Global Payments Inc :Global Payments reports second quarter 2017 earnings and increases 2017 outlook.Q2 adjusted earnings per share $0.94.Q2 revenue $962.2 million versus i/b/e/s view $837.9 million.Q2 earnings per share $0.44.Q2 earnings per share view $0.91 -- Thomson Reuters I/B/E/S.Global payments inc sees ‍ 2017 adjusted net revenue to range from $3.40 billion to $3.475 billion, or growth of 20% to 22% over 2016​.Global payments inc sees 2017 ‍adjusted earnings per share are now expected to be in a range of $3.85 to $4.00​.Global payments inc - ‍ outlook for calendar 2017 does not include any impact from active network acquisition.Fy2017 earnings per share view $3.91, revenue view $3.44 billion -- Thomson Reuters I/B/E/S.Global payments inc qtrly ‍adjusted net revenue grew 18.4 percent to $847.9 million​.  Full Article

Global Payments to acquire Active Network from Vista Equity Partners
Thursday, 3 Aug 2017 06:54am EDT 

Aug 3 (Reuters) - Global Payments Inc :Global Payments to acquire Active Network; announces strategic partnership with Vista Equity Partners.Global Payments Inc - ‍transaction valued at approximately $1.2 billion​.Global Payments Inc - Vista will receive $600 million of Global Payments stock and $600 million in cash as consideration.Global Payments Inc says expects transaction to have an immaterial impact on 2017 adjusted earnings per share results.Global Payments Inc - ‍Vista will receive $600 million of global payments stock and $600 million in cash as consideration​.Global Payments Inc says Global Payments will finance cash portion with its existing credit facility and cash on hand.Global Payments Inc - ‍net of tax asset, effective purchase price is approximately $1.0 billion​.Global Payments - co will acquire communities and sports divisions of active network from Vista Equity Partners in a stock and cash transaction​.Global Payments Inc - ‍outdoors division of Active Network will be retained by Vista Equity Partners​.  Full Article

Global Payments reports Q1 adjusted earnings per share $0.85
Thursday, 4 May 2017 06:58am EDT 

May 4 (Reuters) - Global Payments Inc : :Global Payments reports first quarter earnings, increases 2017 outlook and refinances debt facilities.Q1 adjusted earnings per share $0.85.Q1 earnings per share view $0.79 -- Thomson Reuters I/B/E/S.Q1 revenue $919.8 million versus I/B/E/S view $767.7 million.Q1 earnings per share $0.32.Sees 2017 adjusted operating margin to expand by as much as 110 basis points..Global Payments Inc - 2017 adjusted earnings per share are now expected to be in a range of $3.78 to $3.95.Global Payments Inc sees 2017 revenue to range from $3.38 billion to $3.46 billion.Fy2017 earnings per share view $3.83, revenue view $3.39 billion -- Thomson Reuters I/B/E/S.  Full Article

Global Payments Q1 adjusted earnings per share $0.86
Wednesday, 5 Oct 2016 06:58am EDT 

Global Payments Inc : Global payments reports first quarter earnings and increases fiscal 2017 outlook . Q1 adjusted earnings per share $0.86 . Q1 earnings per share $0.55 . Q1 earnings per share view $0.83 -- Thomson Reuters I/B/E/S . Q1 revenue $939.5 million versus I/B/E/S view $815.8 million . Global payments inc quarterly adjusted net revenue grew 52 percent to $817.3 million . Raises FY 2017 adjusted earnings per share view to $3.45 to $3.55 . Continue to expect fiscal 2017 adjusted net revenue to range from $3.2 billion to $3.3 billion .FY2017 earnings per share view $3.47, revenue view $3.25 billion -- Thomson Reuters I/B/E/S.  Full Article

Global Payments expects 2017 EPS of $3.50 to $3.60
Thursday, 28 Jul 2016 06:45am EDT 

Global Payments Inc : For 2017 expects constant currency diluted cash earnings per share of $3.50 to $3.60 . Annual adjusted operating margin for fiscal 2017 is expected to expand by up to 70 basis points on a constant currency basis . Board of directors has approved a change in company's fiscal year end from may 31 to december 31 . Will report transitional financial statements for seven-month period from june 1, 2016 to december 31, 2016 in february 2017 . Global payments reports fiscal 2016 earnings, establishes fiscal 2017 growth targets and announces fiscal year change to calendar year end . Q4 cash earnings per share $0.73 . Q4 revenue $747.1 million . Q4 earnings per share $0.26 . Q4 earnings per share view $0.73 -- Thomson Reuters I/B/E/S . Q4 revenue view $584.4 million -- Thomson Reuters I/B/E/S . Global payments inc says for fiscal 2017, company expects constant currency adjusted net revenue of $3.25 billion to $3.35 billion .Fy2016 earnings per share view $2.98, revenue view $2.13 billion -- Thomson Reuters I/B/E/S.  Full Article

Wellington Management Group LLP reports 10.15 pct passive stake in Global Payments
Monday, 11 Jul 2016 10:27am EDT 

:Wellington Management Group LLP reports a passive stake of 10.15 pct in Global Payments Inc as of June 30, 2016 - SEC Filing.  Full Article

Global Payments announces support for Apple Pay in Singapore
Wednesday, 25 May 2016 01:40pm EDT 

Global Payments Inc :Global Payments announces support for Apple Pay in Singapore.  Full Article

Global Payments Inc announces $50 million accelerated share repurchase plan
Tuesday, 26 Apr 2016 09:00am EDT 

Global Payments Inc:Has entered into an accelerated share repurchase (ASR) agreement with Goldman, Sachs & Co. to repurchase an aggregate of $50 million of the company's common stock.Anticipates that all repurchases under the ASR will be completed no later than June 30, 2016.  Full Article

Global Payments Inc to buy Heartland Payment Systems for $4.3 bln
Tuesday, 15 Dec 2015 04:23pm EST 

Global Payments Inc:Has entered into a definitive agreement to acquire Heartland Payment Systems Inc for $4.3 bln.Says Global Payments will acquire Heartland in a cash-and-stock transaction for $100.00 per share.On a combined basis, the businesses expect to generate in excess of $3.0 billion of adjusted net revenue annually.Says merger agreement has been unanimously approved by each company's board of directors.Global Payments anticipates raising its cycle guidance to high-single digit organic adjusted net revenue growth.Consideration will consist of 0.6687 shares of Global Payments stock and $53.28 for each share of Heartland stock.On a combined basis, the businesses expect to generate in excess of $1.0 billion of EBITDA annually.Says to realize at least $50 million in synergies in fiscal 2017 and approximately $125 million of annual run-rate synergies thereafter.Co expects deal will be mid-single digit accretive on percentage basis to cash EPS in fiscal 2017, double-digit accretive thereafter.Raising expectations for margin expansion and cash earnings per share for 2016.Expect annual fiscal 2016 cash operating margin to increase by as much as 60 basis points on a constant currency basis.Says Global Payments intends to fund the cash consideration with fully-committed debt financing.  Full Article

BRIEF-Global Payments Inc files for resale of up to an aggregate of 6.4 million shares

* Global Payments Inc files for resale of up to an aggregate of 6.4 million shares of common stock by the selling stockholders ‍​- SEC filing Source text: (http://bit.ly/2vPAuqd) Further company coverage: