Fleetcor Technologies, Inc. (FLT) Tops Q1 EPS by 13c

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FLEETCOR Reports First Quarter 2022 Financial Results

May 5, 2022 4:06 PM EDT

ATLANTA--(BUSINESS WIRE)-- FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company, today reported financial results for its first quarter ended March 31, 2022.

We reported an outstanding first quarter, with strong core trends driving revenues and adjusted net income per share growth of 30% and 29%, respectively, said Ron Clarke, chairman and chief executive officer, FLEETCOR Technologies, Inc. Overall organic revenue growth remained strong at 15% for the quarter, as broad-based strength in new sales, up 39%, and customer retention of 93%, drove the results. We expect our strong performance to continue, and we are raising our... More