TSYS Posts Revenues Up 32.1%

TSYS reported results for the first quarter of 2014 and announced the sale of its business interests in Japan. The accompanying financial statements have been adjusted to exclude the Japanese results from ongoing operations in 2014 and 2013 with those results reported as “discontinued operations” for all periods presented. Total revenues for the quarter were…

TSYS Q1 FORECAST

GA-based TSYS, which provides services to more than half of the top 20 international banks, will likely post total revenues for the first quarter between $461 million and $539 million. During the first quarter TSYS inked deals with Commerce Bank, Virgin Money, Vietnam Eximbank, and Navy FCU. The Company also enhanced its Credit Care product and plans to release Authorization Controls, a new product. Additionally, TSYS raised its stake in CPay.

TSYS 3Q13 Revenues Up 25.6% Y/Y

TSYS posted 3Q/13 total revenues of $588.1 million, an increase of 25.6%. Total revenues were impacted by a negative currency translation of $6.4 million. Revenues before reimbursable items were $527.0 million, an increase of 29.8%. Revenues before reimbursable items were impacted by a negative currency translation of $6.3 million. Adjusted EBITDA* was $182.1 million, an…