Total System Services (TSS) Tops Q3 EPS by 7c, Beats on Revenues; Boosts FY18 Guidance
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TSYS Reports Third Quarter Earnings and Increases 2018 Outlook
October 23, 2018 4:15 PM EDTCOLUMBUS, Ga.--(BUSINESS WIRE)-- TSYS (NYSE: TSS) today reported results for the third quarter of 2018.
We were very pleased to continue our momentum and performance for the third quarter as all three of our segments delivered exceptional results. This performance enables us to again raise our guidance for the year while continuing to invest for the long term, said M. Troy Woods, chairman, president and chief executive officer of TSYS.
Highlights for the third quarter of 2018 vs. 2017:
Total revenues were $1,015.4 million, a decrease of 18.6%. The decrease is the result of... More