TSYS (TSS) Tops Q2 EPS by 2c
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TSYS Reports Second Quarter Earnings Including TransFirst
July 26, 2016 4:15 PM EDTCOLUMBUS, Ga.--(BUSINESS WIRE)-- TSYS (NYSE: TSS) today reported results for the second quarter of 2016.
Highlights for the second quarter of 2016 include:
Total revenues were $1.2 billion, an increase of 66.3% over last years $692.7 million. Net revenue, which excludes reimbursable items, interchange and assessment expense, was $794.9 million, an increase of 27.8% over last years $622.1 million. GAAP net income attributable to TSYS common shareholders, which includes the expenses of closing the TransFirst acquisition during the quarter, was $69.7 million, a... More