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Global Payments Is Prioritizing Cash, Not Just Growth—And the Payoff Could Be Significant!

Global Payments Inc. recently reported its financial performance for the fourth quarter and full year, showcasing key highlights and strategic shifts that have set the tone for its future trajectory. The company completed the significant acquisition of Worldpay and divested its Issuer Solutions business, steering its focus towards strengthening its capabilities in the commerce solutions space. The results for the fourth quarter displayed a 6% constant currency growth in adjusted net revenue, with a notable 80 basis point increase in adjusted operating margin, culminating in a 12% growth in adjusted EPS. For the full year, Global Payments achieved a 100 basis point expansion in margins and a robust 11% growth in adjusted EPS. These outcomes align with the company’s expected performance for the year. One clear positive from the report is the strong cash flow position, with the company achieving over 100% adjusted free cash flow conversion.