Deluxe Reports Fourth Quarter 2018 Financial Results
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Deluxe Corp. (DLX) Tops Q4 EPS by 7c, Revenues Beat; Offers 1Q19 EPS/Revenue Guidance Below Consensus
January 24, 2019 8:33 AM ESTDeluxe Corp. (NYSE: DLX) reported Q4 EPS of $1.54, $0.07 better than the analyst estimate of $1.47. Revenue for the quarter came in at $524.7 million versus the consensus estimate of $522.6 million.
Revenue increased 6.0% year-over-year. Financial Services revenue increased 15.0% compared to the prior year and includes the results of the REMITCO acquisition which closed in August 2018. Small Business Services revenue grew 3.6% and includes the results of several small tuck-in acquisitions.Revenue from marketing solutions and other services (MOS) increased 20.1% year-over-year and grew to 45.4% of total revenue in the quarter.Gross margin was 59.0% of... More
