secwatch.observer — SEC 8-K summary
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Issuer:     GLOBAL PAYMENTS INC (GPN)
CIK:        0001123360
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0001123360-24-000033
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Global Payments Q3 adj EPS $3.08 (+12% YoY); sells AdvancedMD for $1.125B; $600M ASR
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- GAAP EPS $1.24 (down 11%), adjusted EPS $3.08 (up 12%); GAAP revenue $2.60B (+5%), adjusted net revenue $2.36B (+6%).
- Adjusted operating margin expanded 40bps to 46.1%; reaffirms 2024 outlook: adj EPS $11.54-$11.70, adj net rev $9.17-$9.30B.
- Definitive agreement to sell AdvancedMD to Francisco Partners for $1.125B; closing expected in Q4 2024.
- Entered $600M accelerated share repurchase; board increased authorization to $2.5B; declared $0.25 dividend payable Dec 27, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1123360/000112336024000033/0001123360-24-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1123360/000112336024000033/gpn-20241030.htm
  HTML page:      https://secwatch.observer/filing/0001123360-24-000033

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