First Data (FDC) Tops Q2 EPS by 2c, Revenues Beat; Boosts FY18 Segment Revenue Guidance
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First Data Reports Second Quarter 2018 Financial Results and Raises Full Year Revenue Guidance
July 30, 2018 6:50 AM EDTTotal segment revenue of $2,234 million, up 11% reported(a), up 9% on a comparable accounting basis(b), up 6% on an organic constant currency basis(c) Consolidated revenue of $2,448 million, impacted by the adoption of ASC 606 Net income attributable to First Data diluted EPS of $0.36 Adjusted diluted EPS of $0.39 Total segment EBITDA of $864 million, up 10% reported(a), up 10% on a comparable accounting basis(b), up 8% on an organic constant currency basis(c) Cash flow from operations of $604 million; free cash flow of $378 million... More
