Global Payments Reports Second Quarter Revenue of $443.5M

Global Payments Inc. GPN today announced results for its fiscal second quarter ended November 30, 2010. For the second quarter, revenues grew 8% to $443.5 million compared to $409.0 million in the prior fiscal year. Normalized diluted earnings per share from continuing operations for the quarter were $0.70 compared to $0.71 in the prior year (See Schedule 2 Normalized Income Statements). On a GAAP basis, the company reported fiscal 2011 second quarter diluted earnings per share from continuing operations for the quarter of $0.67 compared to $0.71 in the prior year (See Schedule 1 for GAAP Income Statements).