Deluxe Corp. (DLX) Tops Q2 EPS by 55c

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Deluxe Reports Solid Second Quarter 2020 Performance and Declares Regular Dividend

July 30, 2020 4:05 PM EDT

Strong positive cash flow from operations with healthy margins Confidence in liquiditypaid down $100M on revolver in July Transformation momentum accelerates with historic sales successes

SHOREVIEW, Minn.--(BUSINESS WIRE)-- Deluxe (NYSE: DLX), a Trusted Business Technology company, today reported operating results for its second quarter ended June 30, 2020.

Deluxe delivered stronger than expected second quarter performance. Our cash flow from operations exceeded last years quarterly performance, enabling us to pay down $100 million on the revolving credit facility in July, and declare our regular dividend.... More