Georgia-based transaction processor Global Payments announced a year-over-year net income increase of $35 million when it released its fourth-quarter revenue report on July 25, RTTNews reported.
Global Payments net income was $40.8 million for the quarter, up from $5 million one year earlier.
The company posted earnings per share of $0.53, up from the $0.06 the company saw during the fourth-quarter of last year. By 2014, Global Payments expects its earnings to rise as high as $3.42 per share.
For more on the announcement, read the full report here.
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