Global Payments — Oct 30, 2024 release

AND SUBSIDIARIES (In millions, except per share data) 2023 2024 Outlook Growth Revenues: GAAP revenues $9,654  $10,130 to $10,260 5% to 6% Adjustments (1) (983) (960) Adjusted net revenue $8,671  $9,170 to $9,300 6% to 7% Earnings Per Share: GAAP diluted EPS $3.77 $5.41 to $5.57 nm Adjustments (2) 6.65 6.13 Adjusted EPS $10.42 $11.54 to $11.70 11% to 12% (1) Includes adjustments to revenues for gross-up related payments (included in operating expenses) associated with certain lines of business to reflect economic benefit to the company. Amounts also included adjustments to eliminate the effect of acquisition accounting fair value adjustments for software-related contract liabilities associated with acquired businesses, as well as adjustments to exclude revenues that were associated with certain excluded expenses of our consumer business which was classified as assets held for sale on our balance sheet. (2) Adjustments to 2023 GAAP diluted EPS included the removal of 1) software-related contract liability adjustments described above of $0.01, 2) acquisition related amortization expense of $3.88, 3) share-based compensation expense of $0.62, 4) acquisition, integration, and separation expense of $1.22, 5) facilities exit charges of $0.05, 6) equity method investment earnings from our interest in a private equity investment fund of $0.02, 7) discrete tax items of $0.28, 8) gain/loss on business dispositions of $0.40, 9) other income and expense of $0.06, 10) other items of $0.11, and 11