Deluxe Corp. (DLX) Misses Q2 EPS by 6c
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Deluxe Delivers Strong Second Quarter 2022 Revenue Growth; Declares Regular Dividend; Updates 2022 Outlook
August 4, 2022 6:00 AM EDTDelivered strong consolidated revenue growth of 17.7% in the second quarter Revenue increased 6.6% excluding the First American acquisition and business exits All four segments delivered year-over-year sales-driven revenue growth, led by Payments and Data-Driven Marketing Net income of $22.1 million, up 82.6% from the prior year primarily driven by a gain on the sale of our Australian web hosting business Adjusted EBITDA rate of 18.1% down from 20.4% in the prior year Declared regular quarterly dividend Updated full year 2022 guidance to reflect strong revenue performance and lower Adjusted EBITDA rate expectations
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