Atlanta-based Global Payments reported that revenue for the quarter ending May 31st was $121 million, an 18% increase over the prior year. Net income for the quarter of $11.8 million compared to $8.7 million in the prior year for a 36% increase. On a GAAP basis, for the fiscal year ending May 31st, revenue was $462.8 million and net income was $23.8 million. The GAAP basis fiscal year 2002 results include a $24.6 million trademark impairment charge relating to a change in accounting principle. This change was due, in part, of a MasterCard buyout. Global has determined it will no longer be marketing under MasterCard’s Merchant Automated Point-of-Sale Program brand. For complete details on GPN’s latest quarterly results visit CardData ([www.carddata.com]).