Global Payments Reports Third-Quarter Revenue of $3.31B, EPS of $1.06
Revenue rose year over year, primarily driven by the Worldpay acquisition; net income declined as higher amortization of acquired Worldpay intangible assets and acquisition and integration expenses weighed on earnings.
Global Payments’ third-quarter revenue rose year over year, while net income declined. Revenue growth was primarily driven by the Worldpay acquisition; earnings were weighed by higher amortization of acquired Worldpay intangible assets and acquisition and integration expenses. The prior-year period…