Worldpay (WP) Tops Q4 EPS by 4c, Revenues Beat; Q1 EPS Guidance Below Consensus, FY19 EPS/Revenue Mid-Points Guidance Below Consensus

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Go back to Worldpay (WP) Tops Q4 EPS by 4c, Revenues Beat; Q1 EPS Guidance Below Consensus, FY19 EPS/Revenue Mid-Points Guidance Below Consensus

Worldpay Reports Fourth Quarter and Full-Year 2018 Results

February 26, 2019 7:03 AM EST

CINCINNATI and LONDON, Feb. 26, 2019 /PRNewswire/ -- Worldpay, Inc. (NYSE: WP, LSE: WPY) ("Worldpay" or the "Company") today announced financial results for the fourth quarter and full-year ended December 31, 2018. Worldpay, Inc. was formed on January 16, 2018 through Vantiv, Inc.'s acquisition of Worldpay Group plc. Net revenue for the Company increased 85% in the fourth quarter to $1,050 million as compared to $569 million in Vantiv, Inc.'s prior year period. Had the Company's acquisition of Worldpay Group plc closed on January 1, 2017, net revenue would have increased by 9% on a pro forma basis and by 10% on... More