Blackhawk Network (HAWK) Tops Q3 EPS by 6c

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Blackhawk Announces Third Quarter 2014 Financial Results

October 8, 2014 8:30 AM EDT

PLEASANTON, Calif., Oct. 8, 2014 (GLOBE NEWSWIRE) -- Blackhawk Network Holdings, Inc. (Nasdaq: HAWK) (Nasdaq: HAWKB) today announced financial results for the third quarter ended September 6, 2014.

"Adjusted operating revenue growth was 30% during the third quarter, consistent with the first two fiscal quarters. Revenue growth has continued to be driven by strong sales of open loop gift cards in the U.S., the acquisitions of InteliSpend and Retailo and sales of digital media products in Japan," CEO Bill Tauscher commented. Worldwide load value grew 46%, or 34% excluding acquisitions, and international... More