Global Payments Inc. · NYSE:GPN

Global Payments — Q2 2024 Earnings Presentation

10 slides from Global Payments's earnings presentation, Aug 7, 2024

  1. Slide 1: 2Q 2024 Earnings

    2Q 2024 Earnings 8/7/2024 Innovation that delivers. COPYRIGHT GLOBAL PAYMENTS 2024 ALL RIGHTS RESERVED

  2. Slide 2: Forward-Looking Statements

    Forward-Looking Statements This presentation contains certain forward-looking statements within the meaning of the “safe-harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements, which are based on current expectations, estimates and projections ab

  3. Slide 3: Strong financial performance

    Strong financial performance 2Q 2024 Adjusted Net Revenue Adjusted Operating Margin Adjusted EPS $2.32B 45.2% $2.93 +6% +40 bps +12% +7% excluding Netspend disposition See appendix for information regarding non-GAAP financial measures. Comparisons are to 2Q23 unless otherwise noted. COPYRIGHT GLOBAL P

  4. Slide 4: Merchant Solutions

    Merchant Solutions Adjusted Adjusted 2Q 2024 Highlights Net Revenue Operating Margin Double-digit growth in 2Q 2024 $1.81B 48.8% ISV channel +8% +30 bps 20%+ growth in LATAM region Double-digit vertical 2024 +>9% +up to markets bookings growth Outlook 30 bps 6% volume growth See appendix for informa

  5. Slide 5: Issuer Solutions

    Issuer Solutions Adjusted Adjusted 2Q 2024 Highlights Net Revenue Operating Margin 2Q 2024 $527M 46.8% 8M increase in traditional accounts on file +4% +10 bps 65M traditional accounts on file implementation pipeline +5-6% +up to 2024 Outlook 50 bps Mid-single-digit transactions growth See appendix for

  6. Slide 6: 2024 outlook

    2024 outlook Adjusted Net Revenue Adjusted Operating Margin Adjusted EPS $9.17B to up to 50 bps $11.54 to $9.30B of expansion $11.70 +6% to +7% +11% to +12% ~100% Adjusted Free Cash Flow Conversion1 1 Adjusted free cash flow estimated at 100% of adjusted net income; excludes timing impact of realizat

  7. Slide 7: Non-GAAP Financial Measures

    Non-GAAP Financial Measures Global Payments supplements revenues, income, operating income, operating margin, earnings per share (EPS) and net operating cash flows determined in accordance with U.S. GAAP by providing these measures with certain adjustments (such measures being non-GAAP financial measu

  8. Slide 8: Reconciliation of Non-GAAP Financial Measures - Consolidated (unaudited)

    Reconciliation of Non-GAAP Financial Measures - Consolidated (unaudited) (1) Includes adjustments to revenues for gross-up related payments (included in operating expenses) associated with certain lines of business to reflect economic benefits to the company. For the three months ended June 30, 2024 a

  9. Slide 9: Reconciliation of Non-GAAP Financial Measures - Segment Adjusted Net Revenue and Adjusted Operating Income

    Reconciliation of Non-GAAP Financial Measures - Segment Adjusted Net Revenue and Adjusted Operating Income (unaudited) (1) Includes adjustments to revenues for gross-up related payments (included in operating expenses) associated with certain lines of business to reflect economic benefits to the compa

  10. Slide 10: Reconciliation of Non-GAAP Financial Measures - 2024 Outlook Summary (unaudited)

    Reconciliation of Non-GAAP Financial Measures - 2024 Outlook Summary (unaudited) (1) Includes adjustments to revenues for gross-up related payments (included in operating expenses) associated with certain lines of business to reflect economic benefit to the company. Amounts also included adjustments t

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