17 August 2017
visit www.avoka.com

First Data Q2 profit falls 16%

15 July 2005  |  1623 views  |  0 Source: First Data

First Data Corp. (NYSE: FDC) today reported second quarter earnings of $0.50 per share.

Results included $0.04 of Concord integration expenses as well as $0.02 of other charges. Revenue grew 3% to $2.6 billion and operating margin was 21.5%.

During the quarter, 7.9 million shares were repurchased for $304 million at an average price of $38.47, leaving an authorized $1.6 billion in the company's buyback program.

"We continue to deliver on our strategy to process any payment, from any device, at any time, to any account. We generated strong results in the second quarter, and with the Concord integration activities almost behind us, we are very excited about the rest of the year," said Charlie Fote, chairman and chief executive officer.» Download the document now 52.9 kb (Adobe Acrobat Document)

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.dorsum.euvisit www.niceactimize.comvisit www.abe-eba.eu

Top topics

Most viewed Most shared
Coinbase raises $100mCoinbase raises $100m
10258 views comments | 14 tweets | 14 linkedin
DBS Bank launches online car selling marketplaceDBS Bank launches online car selling marke...
9613 views comments | 13 tweets | 11 linkedin
China preps central clearing house for mobile payments providersChina preps central clearing house for mob...
9463 views comments | 8 tweets | 15 linkedin
HSBC automates documentary trade processing with IBMHSBC automates documentary trade processin...
8446 views comments | 6 tweets | 21 linkedin
Monzo appoints Curve co-founder Foster-Carter COOMonzo appoints Curve co-founder Foster-Car...
7923 views comments | 1 tweets | 2 linkedin

Featured job

Competitive base and bonus, plus benefits
London, UK

Find your next job