Atlanta-based Global Payments (GPN) reported third calendar quarter revenues grew 6.2% to $748.8 million, compared to $704.9 million in the year ago quarter.
Net income rose 14.1% from $86.4 million in 3Q/14 to $103.0 million for 3Q/15.
Revenues for North America were up 8.0% year-on-year (YOY), up 3.6% YOY for Europe, and soared 30.1% YOY for Asia Pacific.
For fiscal 2016, GPN expects annual adjusted net revenue of $2.06 billion to $2.10 billion, or 6% to 8% growth
Q3/14: $705 million
Q4/14: $697 million
Q1/15: $705 million
Q2/15: $707 million
Q3/15: $749 million
Source: Global Payments Network
For data, background and forecasts on Global Payments: Search CardWeb.com’s CardFlash® Library of more than 58,000 archived articles; Access CardWeb.com’s CardData® for current and historical Performance, Portfolios, Profiles, etc. Visit RAM Research® (ramresearch.com) for quarterly and annual forecasts covering more than 150 metrics. [complimentary or deeply discounted access to CardWeb.com subscribers].
Additional database resources include CardWeb.com’s CardExecs® – comings & goings of payments movers & shakers; CardWeb.com’s CardWatch® – ears & eyes on marketing globally (57K items); and CardWeb.com’s CardPixes® – form & function of card design (7K items).