secwatch.observer — SEC 8-K summary
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Issuer:     GLOBAL PAYMENTS INC (GPN)
CIK:        0001123360
Form:       8-K
Filed at:   2022-10-31T23:59:59+00:00
Accession:  0001123360-22-000028
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Global Payments Q3 adjusted EPS $2.48 beats, raises margin outlook
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- GAAP revenue $2.29B vs $2.20B; diluted EPS $1.05 vs $1.01. Adjusted net revenue $2.06B (+6% constant currency).
- Adjusted EPS $2.48 (+14% reported, +18% constant currency) vs $2.18 a year ago.
- Adjusted operating margin expanded 240bps to 45.2%; 2022 margin outlook raised to up to 170bps expansion.
- Received HSR clearance for EVO Payments acquisition and Netspend consumer divestiture; expected close Q1 2023.
- Board declares $0.25/share dividend (payable Dec 30, record Dec 16) and reauthorizes $1.5B share repurchase.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1123360/000112336022000028/0001123360-22-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1123360/000112336022000028/gpn-20221031.htm
  HTML page:      https://secwatch.observer/filing/0001123360-22-000028

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer