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AI English summary of an SEC filing — figures as filed

Global Payments logoGlobal Payments GPN

Global Payments said first-quarter Q1 2025 GAAP revenues were $2.41 billion, approximately flat compared with $2.42 billion in the prior year, diluted EPS were $1.24 compared with $1.22 in the prior year, and operating margin was 19.5% compared with 18.7% in the prior year.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Global Payments said first-quarter Q1 2025 GAAP revenues were $2.41 billion, approximately flat compared with $2.42 billion in the prior year, diluted EPS were $1.24 compared with $1.22 in the prior year, and operating margin was 19.5% compared with 18.7% in the prior year.

  2. Starting in Q1 2025, the company began including share-based compensation expense in its non-GAAP measures. It said adjusted EPS increased to $2.69 compared with $2.46 in the prior year, and adjusted operating margin expanded 70 basis points to 42.4%.

  3. Global Payments said it reaffirms its outlook for 2025 of constant currency adjusted net revenue growth in a range of 5% to 6% excluding dispositions, constant currency adjusted earnings per share growth in a range of 10% to 11%, and adjusted operating margin expansion of 50 basis points excluding dispositions.

  4. The company said it announced agreements in April to acquire Worldpay and divest Issuer Solutions, which will position it to become a pure play merchant solutions provider.

Summary

AI-written

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

First-Quarter Q1 2025 GAAP Revenues, Diluted EPS and Operating Margin

Global Payments said first-quarter Q1 2025 GAAP revenues were $2.41 billion, approximately flat compared with $2.42 billion in the prior year, diluted EPS were $1.24 compared with $1.22 in the prior year, and operating margin was 19.5% compared with 18.7% in the prior year.

Source · Based on the filing body and exhibits

Adjusted Measures and Change in Share-Based Compensation Inclusion

Starting in Q1 2025, the company began including share-based compensation expense in its non-GAAP measures. It said adjusted EPS increased to $2.69 compared with $2.46 in the prior year, and adjusted operating margin expanded 70 basis points to 42.4%.

Source · Based on the filing body and exhibits

2025 Full-Year Outlook Reaffirmed

Global Payments said it reaffirms its outlook for 2025 of constant currency adjusted net revenue growth in a range of 5% to 6% excluding dispositions, constant currency adjusted earnings per share growth in a range of 10% to 11%, and adjusted operating margin expansion of 50 basis points excluding dispositions.

Source · Based on the filing body and exhibits

Worldpay Acquisition and Issuer Solutions Divestiture Agreements

The company said it announced agreements in April to acquire Worldpay and divest Issuer Solutions, which will position it to become a pure play merchant solutions provider.

Source · Based on the filing body and exhibits

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.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.