The company reported GAAP revenue of $2.43 billion for Q4 2023 ($2.25 billion a year earlier), GAAP diluted earnings per share of $1.38 ($0.94 a year earlier), and adjusted earnings per share of $2.65 ($2.42 a year earlier).

1. 01

   The company reported GAAP revenue of $2.43 billion for Q4 2023 ($2.25 billion a year earlier), GAAP diluted earnings per share of $1.38 ($0.94 a year earlier), and adjusted earnings per share of $2.65 ($2.42 a year earlier).

2. 02

   Global Payments said it reported full-year 2023 GAAP revenue of $9.65 billion ($8.98 billion in 2022), diluted earnings per share of $3.77 ($0.40 in 2022), and an operating margin of 17.8% (7.1% in 2022). Its adjusted operating margin was 44.6%, an expansion of 90 basis points.

3. 03

   The company said it expects full-year 2024 adjusted net revenue of $9.17 billion to $9.30 billion and adjusted earnings per share of $11.54 to $11.70. It said the annual adjusted operating margin for 2024 is expected to expand by up to 50 basis points.

4. 04

   The company said its Board approved a dividend of $0.25 per share, payable to shareholders of record as of March 15, 2024, to be paid on March 29, 2024. The Board also approved an increase in the share repurchase authorization capacity to $2 billion.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.