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0:00 / 0:00I. Business Overview and Strategy
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Global Payments' Net Income Soars 786% to $986.2M Following Strategic EVO Acquisition and Divestitures

GPN10-KFiling Date: 2/14/2024
Global Payments Inc.
Description

What this story covers

Global Payments' 2023 net income surged 786 percent to 986 point 2 million dollars, driven by the 4 billion dollar EVO Payments acquisition and strategic divestitures. Revenues rose 7 point 6 percent to 9 point 65 billion dollars, with strong Merchant Solutions growth, despite increased SG&A. The company maintains robust liquidity, managing debt and navigating intense industry competition.

Story snapshot

CompanyGlobal Payments Inc.
TickerGPN
VariantStandard detailed
Duration28:44
Filing type10-K
PeriodAnnual 2023
IndustryFinancial Services
Accession0001123360-24-000004

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