Global payments company Ingenico has released its Q1 2013 earnings, revealing quarterly revenue of $395.4 million and strong growth across many of its regions.
Ingenico’s Asia-Pacific, EMEA and North America divisions saw the biggest growth, jumping 81 percent, 59 percent and 30 percent, respectively, compared to Q1 2012. Ingenico cited growth in China as the main catalyst of its Asia-Pacific growth and highlighted Russia for its EMEA division. In North America, Ingenico cited a strong performance in the US thanks to an “order signed with a Tier 1 retailer.
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Overall, Ingenico’s revenue of $395.4 million represented a 26 percent jump from its Q1 2012 total of $313.2 million.
“Our business was up substantially in the first quarter of 2013, driven by Ingenico’s sound fundamentals in its various markets while benefiting from a favorable basis of comparison with the first quarter of last year,” Ingenico Chairman and CEO Phillippe Lazare said in a release.
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