Global Payments Reports Fourth-Quarter Profit Increase
Global Payments has announced a rise in fourth-quarter profit, driven by consumer spending during the holiday season. The company’s revenue increased to $2.52 billion, representing a 3.7% year-over-year growth.
Revenue and Growth Metrics
- Revenue: $2.52 billion (3.7% increase from the previous year)
- Adjusted net revenue growth for the full year: 6%
- Constant currency growth in the fourth quarter (excluding dispositions): 6.5%
Business Developments
Global Payments has launched its Genius brand consolidation for point-of-sale solutions, with plans to roll out globally starting in Q2 2025.
Dividend and Share Repurchase Plan
- Quarterly dividend: $0.25, in line with previous payments
- Accelerated share repurchase plan: $250 million
Growth Targets for 2025
Global Payments has established growth targets for 2025 consistent with its medium-term outlook.