- Global Payments (NYSE:GPN) reports adjusted net revenue rose 55% on a constant currency basis in FQ1.
- Segment Adjusted revenue : North America: $608.67M (+78.8%); Europe: $150.42M (+2.4%); Asia-Pacific: $58.16M (+17.3%).
- Segment Cash earnings : North America: $178.36M (+83.9%); Europe: $72.11M (-6.4%); Asia-Pacific: $16.49M (+19.4%).
- Cash operating margin fell 100 bps to 29.5%.
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FY2017 Guidance: Adjusted net revenue: $3.2B to $3.3B (+47% to +52%); GAAP revenue: $3.7B to $3.8B (+28% to +31%); Adjusted operating margin: +50 bps; Cash EPS: $3.45 to $3.55 (+16% to 19%); GAAP diluted EPS: $1.88 to $1.98 (-8% to -3%).