Total System Services (TSS) Tops Q4 EPS by 3c, Guidance Tops Views

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TSYS Reports Fourth Quarter and Full Year Earnings

January 23, 2018 4:15 PM EST

Provides 2018 Outlook for Revenue and Earnings per Share

COLUMBUS, Ga.--(BUSINESS WIRE)-- TSYS (NYSE: TSS) today reported results for the fourth quarter and full year of 2017.

2017 proved to be a truly exceptional year for our company. We delivered outstanding financial results, continued to expand our merchant business with the Cayan acquisition announcement and finished the year having met or exceeded our goals, said M. Troy Woods, chairman, president and chief executive officer of TSYS.

Highlights for the fourth quarter of 2017 vs. 2016:

Total revenues were $1.3 billion, an increase of 12.5%.... More