Worldpay (WP) Tops Q2 EPS by 9c; Raises Outlook
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Worldpay Reports Second Quarter 2018 Results
August 9, 2018 7:00 AM EDTCINCINNATI and LONDON, Aug. 9, 2018 /PRNewswire/ -- Worldpay, Inc. (NYSE: WP, LSE: WPY) ("Worldpay" or the "Company") today announced financial results for the second quarter ended June 30, 2018. Worldpay, Inc. was formed on January 16, 2018 through Vantiv, Inc.'s previously announced acquisition of Worldpay Group plc. Net revenue for Worldpay, Inc. increased 90% to $1.0 billion as compared to $530.0 million in Vantiv Inc.'s prior year period. Had the Vantiv Inc./Worldpay Group plc transaction closed on January 1, 2017, net revenue would have increased by 11% on a pro forma basis and by 9% on a pro forma... More
