Oppenheimer Raises Price Target on Global Payments (GPN) Following Solid 2Q

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Go back to Oppenheimer Raises Price Target on Global Payments (GPN) Following Solid 2Q

Global Payments Reports Second Quarter Earnings, Sets Calendar 2017 Growth Targets and Increases Synergy Estimates

January 9, 2017 6:59 AM EST

ATLANTA--(BUSINESS WIRE)-- Global Payments Inc. (NYSE: GPN) today announced results for its fiscal second quarter ended November 30, 2016.

The strong momentum from our first quarter accelerated in the second quarter of fiscal 2017. We delivered double digit organic growth across our key markets, including in our U.S. direct business and across most of Europe and Asia Pacific, said Jeff Sloan, Chief Executive Officer. Our technology enabled businesses continue to spearhead our growth, with particularly strong performance from our integrated payments businesses, OpenEdge and Ezidebit, and from our software led solutions at Heartland Commerce... More