Global Payments Revenue, EPS Come In Below Q3 Estimates, Francisco Partners To Acquire AdvancedMD Business

Global Payments Inc (NYSE:GPN) reported third-quarter financial results before the market open on Wednesday. Here’s a rundown of the report.

Q3 Revenue: $2.357 billion, versus estimates of $2.381 billion

Q3 EPS: $3.08, versus estimates of $3.12

Total revenue was up 5% on a year-over-year basis and earnings per share climbed 12%. Adjusted operating margin expanded by 40 basis points in the quarter to 46.1%.

“We are pleased with our solid financial performance in the third quarter, which reflects strong execution despite ongoing macroeconomic uncertainty,” said Cameron Bready, CEO of Global ...