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Global Payments, which merged with fellow financial technology company Total System Services in September, earned an adjusted $1.31 a share for the second quarter, down from $1.51 a share a year earlier but ahead of the $1.21 a share that analysts surveyed by FactSet had been forecasting. Sloan said that overall, the arrangement could more than triple the company’s addressable market in issuer solutions. "Reconciliations of the non-GAAP measures to the most directly comparable GAAP measure are included in the schedules to this release.Headquartered in Georgia with nearly 24,000 employees worldwide, Global Payments is a member of the S&P 500 with worldwide reach spanning over 100 countries throughout North America, Europe, Asia Pacific and Latin America. For more information, visit In addition to factors previously disclosed in Global Payments’ reports filed with the SEC and those identified elsewhere in this communication, the following factors, among others, could cause actual results to differ materially from forward-looking statements or historical performance: the effects and duration of global economic, political, market, health and social events or other conditions, including the effects and duration of the global pandemic; regulatory measures or voluntary actions, including social distancing, shelter-in-place orders, reinstating of opening restrictions on nonessential businesses and similar measures imposed or undertaken in an effort to combat the spread of the global pandemic; management’s assumptions and projections used in their estimates of the timing and severity of the effects of the global pandemic on our future revenues and results of operations; our ability to meet our liquidity needs in light of the effects of the global pandemic; the outcome of any legal proceedings that may be instituted against Global Payments or its or TSYS’ current or former directors; difficulties, delays and higher than anticipated costs related to integrating the businesses of Global Payments and TSYS, including with respect to implementing systems to prevent a material security breach of any internal systems or to successfully manage credit and fraud risks in business units; failing to fully realize anticipated cost savings and other anticipated benefits of the merger when expected or at all; business disruptions from the merger or integration that will harm our business, including current plans and operations; potential adverse reactions or changes to business relationships resulting from the merger, including as it relates to the businesses’ ability to successfully renew existing client contracts on favorable terms or at all and obtain new clients; failing to comply with the applicable requirements of Visa, Mastercard or other payment networks or card schemes or changes in those requirements; the ability to maintain Visa and Mastercard registration and financial institution sponsorship; the ability to retain and hire key personnel; the diversion of management’s attention from ongoing business operations; the continued availability of capital and financing following the merger; the business, economic and political conditions in the markets in which we operate; increased competition in the markets in which we operate and our ability to increase our market share in existing markets and expand into new markets; our ability to safeguard our data; risks associated with our indebtedness, foreign currency exchange and interest rate risks; the effects of new or changes in current laws, regulations, credit card association rules or other industry standards, including privacy and cybersecurity laws and regulations; and events beyond our control, such as acts of terrorism, and other factors included in the "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2019, and in other documents that we file with the SEC, which are available at Income before income taxes and equity in income of equity method investmentsIncome before equity in income of equity method investmentsEquity in income of equity method investments, net of taxNet income attributable to noncontrolling interests, net of income taxEarnings per share attributable to Global Payments:Adjusted net income attributable to Global PaymentsAdjusted diluted earnings per share attributable to Global PaymentsAdjusted net revenue excludes gross-up related payments associated with certain lines of business to reflect economic benefits to the company.
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The AWS arrangement is about “letting large financial institutions globally access the same technology that startups did,” he said. View Ray Sheppard’s profile on LinkedIn, the world's largest professional community. Together with AWS, we will deliver an industry-leading, cloud-based platform to institutions worldwide, bringing transformative technologies to all types of issuers and providing consumers with frictionless digital experiences. Adjusted net income attributable to Global Payments $ 394,313 $ 236,830 . Founded in 1967, Global Payments Inc is an electronic transaction processing company. We are also very proud of our team members around the globe for their exceptional and continuous dedication to our customers and the communities in which they live and work despite difficult circumstances," said Jeff Sloan, Chief Executive Officer. By using this site you agree to the
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ray sheppard global payments
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