Global Payments — Oct 30, 2024 release
Fiscal 2024 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001123360-24-000033
Showing in the filing
Share repurchase authorization capacity
“$2.5 billion”
Period
No period stated
Measure
Declared action
Source
Prose
All guidance in this release · 13
Accelerated share repurchase plan for FY2024
“$600 million”
AdvancedMD sale for Q4 FY2024
“expect this sale to close”
Adjusted net revenue for FY2024
“$9.17 billion to $9.30 billion”
Annual adjusted operating margin for FY2024
“expand by up to 50 basis points”
Dividend for FY2024
“$0.25 per share”
Dividend per share for Q4 FY2024
“$0.25 per share payable on December 27, 2024 to shareholders of record as of December 13, 2024”
Share repurchase authorization capacity
“$2.5 billion”
GAAP revenues for FY2024
“$10,130 to $10,260”
Adjustments (1) for FY2024
“(960)”
GAAP diluted EPS for FY2024
“$5.41 to $5.57”
Adjustments (2) for FY2024
“6.13”
Adjusted earnings per share for FY2024
“$11.54 to $11.70”
Adjusted EPS for FY2024
“$11.54 to $11.70”
Exhibit 99.1 · the passage around this item
… earlier in the release
Annual adjusted operating margin for 2024 is still expected to expand by up to 50 basis points.” Whipple concluded, “Our outlook highlights the consistency of our model and the benefits of our sharpened focus as we execute on our strategic priorities.” Capital Allocation Global Payments’ Board of Directors approved a dividend of $0.25 per share payable on December 27, 2024 to shareholders of record as of December 13, 2024. The Board of Directors also approved an increase in the company's share repurchase authorization capacity to $2.5 billion. Conference Call Global Payments’ management will host a live audio webcast today, October 30, 2024, at 8:00 a.m. ET to discuss financial results and business highlights. The audio webcast, along with supplemental financial information, can be accessed via the investor relations page of the company’s website at investors.global payments.com. A replay of the audio webcast will be archived on the company's website following the live event. 2 Exhibit 99.1 Non-GAAP Financial Measures Global Payments supplements revenues, operating income, operating margin and net income and earnings per share determined in accordance with GAAP by providing these measures with certain adjustments (such measures being non-GAAP financial measures) in this earnings release to assist with evaluating our performance. In addition to GAAP measures, management uses these non-GAAP financial measures to focus on the factors the company believes are pertinent to the daily management of our operations. Global Payments also has provided supplemental non-GAAP information to reflect the divestiture of the consumer portion of our Netspend business, which comprised our former Consumer Solutions segment, which closed in
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.