Global Payments beat second-quarter profit expectations on Wednesday, driven by margin improvements and growth in its merchant and issuer solutions segments. Shares rose 5% in premarket trading following the results. The company also raised guidance, now expecting full-year adjusted profit at the upper end of its 10%–11% growth range.
- Q2 adjusted EPS: $3.10 vs. $3.06 expected (LSEG).
- Adjusted net revenue rose 5% on a constant currency basis.
- Merchant solutions revenue grew 5.5%, with margins up 130 basis points.
- Issuer solutions revenue increased 3.5%, with a 190 basis point margin expansion.
- Worldpay acquisition remains on track to close in H1 2026.
- Company continues streamlining operations to enhance returns.
Relevant Companies
- Global Payments (GPN) – Reported strong Q2 results and reaffirmed confidence in the $24.25B Worldpay acquisition.
- Fidelity National Information Services (FIS) – Partner in the Worldpay deal, expected to benefit from the transaction.
Editor’s Note: This is a developing story. This article may be updated as more details become available.
