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Proprietary Report with Analysis on First Data Payments-Related Performance.

Report Summary:

First Data’s (FDC) huge $1.2 billion loss in the fourth quarter is history as the 1Q/16 loss logged in at a mere $56 million. FDC posted 1Q/16 revenue of $2.8 billion, up 3% year-on-year (YOY) or up 5% on a currency adjusted (FX) basis.For the first quarter, the net loss includes the impact of $46 million of debt extinguishment charges and $52 million of IPO-triggered stock-based compensation expense.