Global Payments: Expansion of Issuer Business with Modernization Efforts to Support Long-Term Growth & Profitability!

Global Payments Inc.’s recent earnings call highlighted both the opportunities and challenges the company faces as it seeks to reposition itself in the competitive landscape of commerce solutions. During the fourth quarter and throughout 2024, the company reported solid financial and operational outcomes, underscoring a strategic transformation aimed at long-term growth and efficiency. From a performance perspective, Global Payments delivered adjusted net revenue growth of 6% for the full year and achieved a record adjusted operating margin, with earnings per share rising by 11%. The fourth quarter saw a 6.5% growth in constant currency terms, driven primarily by over 7% growth in the Merchant Solutions segment. This was bolstered by robust results from its point-of-sale (POS) and software businesses, notably in retail and restaurant verticals, along with meaningful gains in its integrated and embedded payments ventures.