HighGravityData

Global Payments — Feb 13, 2025 release

Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001123360-25-000004
Open on SEC.gov ↗
Showing in the filing
Adjustments (2)
“~4%”
Period
FY2025
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 16
Accelerated share repurchase plan for FY2025
“$250 million”
Annual run-rate operating income benefits for FY2027
“more than $600 million”
Expected operating income benefit from opera… for FY2027
“more than $600 million”
Constant currency adjusted net revenue growt… for FY2025
“5% to 6%”
Annual adjusted operating margin expansion, … for FY2025
“50 basis points”
Capital returned to shareholders for FY2025
“approximately $2 billion”
Dividend per share for FY2025
“$0.25 per share”
GAAP revenues for FY2025
“0% to 1%”
Adjustments (1) for FY2025
“0%”
FX impact (Revenues) for FY2025
“~2%”
Constant currency (CC) adj net revenue for FY2025
“2% to 3%”
Dispositions (Revenues) for FY2025
“~3%”
GAAP diluted EPS for FY2025
“4% to 5%”
Adjustments (2) for FY2025
“~4%”
Constant currency adjusted earnings per shar… for FY2025
“10% to 11%”
Constant currency adjusted EPS for FY2025
“10% to 11%”
Exhibit 99.1 · the passage around this item
… earlier in the release
AND SUBSIDIARIES 2025 Growth Revenues: GAAP revenues 0% to 1% Adjustments (1) 0% FX impact ~2% Constant currency (CC) adj net revenue 2% to 3% Dispositions ~3% CC adjusted net revenue excluding dispositions 5% to 6% Earnings Per Share: GAAP diluted EPS 4% to 5% Adjustments (2) ~4% FX impact ~2% Constant currency adjusted EPS 10% to 11% (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. (2) Adjustments to 2024 GAAP diluted EPS included the removal of 1) software-related contract liability adjustments described above of $0.01, 2) acquisition related amortization expense of $4.13, 3) share-based compensation expense of $0.50, 4) acquisition, integration, and separation expense of $0.64, 5) charges for business transformation activities of $0.30, 6) employee termination benefits of $0.24, 7) non-cash charges for technology assets that will no longer be utilized under a revised technology architecture development strategy of $0.17, 8) modernization charges of $0.07, 9) non-cash asset write-offs for discontinued initiatives of $0.06, 10) facilities exit charges of $0.04, 11) gain/loss on business dispositions of $(0.83), 12) other income and expens
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.