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Global Payments reported strong first-quarter results, with adjusted earnings of $2.96 per share beating analyst estimates. Adjusted net revenues surged 29.5% year-over-year to $2.9 billion, fueled by the Worldpay acquisition and the Genius platform. The company is seeing significant progress with its Genius point-of-sale solution, particularly among large restaurant clients integrated from Worldpay. To further increase market reach, management plans to launch a mobile version of the Genius platform and expand its footprint internationally. While facing rising expenses, the firm reaffirmed its 2026 outlook, projecting adjusted EPS growth between 13% and 15%. These results highlight the resilience of consumer spending and the fintech sector's ability to navigate macroeconomic headwinds.
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