First Data (FDC) Tops Q2 EPS by 1c
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First Data Reports Second Quarter 2016 Financial Results
August 1, 2016 7:01 AM EDTQ2 consolidated revenue of $2.9 billion, up 2%; up 3% excluding currency impacts Q2 total segment revenue of $1.8 billion, up 2%; up 4% excluding currency impacts Q2 net income of $152 million, improved $178 million; diluted EPS of $0.17 Q2 adjusted net income of $323 million, up 124%, driven by improved operating results and lower interest expense; adjusted diluted EPS of $0.35 Q2 total segment EBITDA of $746 million, up 6%; total segment EBITDA margin expanded 170 basis points to 41.5% Q2 cash flow from operations of $522 million; free cash... More
