HighGravityData

Global Payments — Apr 17, 2025 release

Fiscal 2025 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001104659-25-035771
Open on SEC.gov ↗
Showing in the filing
Issuer Solutions adjusted net revenue constant currency growth
“approximately 3%”
Period
Q1 FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 29
Pro forma 2025 annual adjusted net revenue for FY2025
“approximately $12.5 billion”
Pro forma 2025 annual adjusted EBITDA for FY2025
“approximately $6.5 billion”
Pro forma payments volume processed for FY2025
“$3.7 trillion”
Expected expense synergies
“$600 million”
Expected annual run-rate revenue synergies
“at least $200 million”
Revenue synergies
“at least $200 million”
Run-rate revenue synergies
“at least $200 million”
Adjusted net leverage reduction target
“3.0x”
Adjusted earnings per share accretion - year…
“modestly accretive”
Transaction accretion
“modestly accretive in year one post close and mid to high single digit accretive thereafter”
Adjusted earnings per share accretion - ther…
“mid to high single digit accretive”
Annual run-rate cost synergies
“approximately $600 million”
Expected annual run-rate cost synergies
“approximately $600 million”
Net leverage at closing
“approximately 3.5x”
Transaction closing for FY2026
“expected to close”
Expected transaction closing timing for FY2026
“first half of 2026”
Total company adjusted net revenue for Q1 FY2025
“$2,205 million”
Total company adjusted net revenue constant … for Q1 FY2025
“over 5%”
Total company adjusted operating margin expa… for Q1 FY2025
“approximately 70 basis points”
Total company adjusted operating margin expa… for Q1 FY2025
“approximately 40 basis points”
Merchant Solutions adjusted net revenue for Q1 FY2025
“$1,692 million”
Merchant Solutions adjusted net revenue cons… for Q1 FY2025
“approximately 6%”
Issuer Solutions adjusted net revenue for Q1 FY2025
“$529 million”
Issuer Solutions adjusted net revenue consta… for Q1 FY2025
“approximately 3%”
Adjusted earnings per share for Q1 FY2025
“$2.69, including share based compensation, or $2.83, excluding share based compensation”
Adjusted earnings per share, including share… for Q1 FY2025
“$2.69”
Adjusted earnings per share, excluding share… for Q1 FY2025
“$2.83”
Adjusted earnings per share growth, constant… for Q1 FY2025
“approximately 10%”
Outlook for adjusted net revenue, adjusted o… for FY2025
“reaffirming its outlook”
Exhibit 99.1 · the passage around this item
… earlier in the release
· Merchant Solutions adjusted net revenue of $1,692 million, representing constant currency growth of approximately 6%, excluding dispositions. · Issuer Solutions adjusted net revenue of $529 million, representing constant currency growth of approximately 3%.   Adjusted earnings per share is expected to be $2.69, including share based compensation, or $2.83, excluding share based compensation. This reflects adjusted earnings per share growth of approximately 10% on a constant currency basis.   For the full year 2025, Global Payments is reaffirming its outlook for adjusted net revenue, adjusted operating margin and adjusted earnings per share.   The company will release first quarter 2025 financial results before the market opens on Tuesday, May 6, 2025 and will host a live audio webcast to discuss these results at 7:30 a.m. EDT. All interested parties may access the audio webcast via the investor relations page of the company’s website at investors.globalpayments.com . A replay of the webcast will also be available after the event.   5     Conference Call and Webcast   Global Payments will host a conference call today, April 17, 2025 at 7:30 a.m. EDT to discuss the transactions. The audio webcast can be accessed via the investor relations page of the company’s website at investors.globalpayments.com . A replay of the audio webcast will be archived on the company's website following the
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.