Heartland Payment Systems Reports Third Quarter EPS of $.20

Heartland Payment Systems, Inc. HPY today announced GAAP net earnings of $7.5 million or $0.19 per share for the three months ended September 30, 2010. Results for the quarter are after $740,000 (pre-tax), or $0.01 per share, of various expenses and accruals, all of which are attributable to the processing system intrusion. Excluding these expenses and accruals, Adjusted Net Income and Earnings per Share were $8.0 million and $0.20, respectively, for the quarter ended September 30, 2010 compared to Adjusted Net Income and Earnings per Share of $8.7 million and $0.23, respectively, for the quarter ended September 30, 2009. Adjusted Net Income and Earnings per Share are non-GAAP measures that exclude certain items detailed later in this press release under the heading “Use of Non-GAAP Financial Measures.”