First Data Corp. Reports Earnings
First Data has reported first quarter financial results with revenues growing 10 percent year over year but earnings per share of $0.47 vs. $0.61 a year ago.
"We are excited about achieving these strong first quarter operating results," said Charlie Fote, chairman and chief executive officer. "First Data's success comes from executing on the strategy of providing the most relevant, cost-efficient integrated payments solutions to our customers. Our worldwide distribution network, extensive product offerings and improved merchant sales productivity -- especially within the regional base -- drove the strong performance. We will continue investing in businesses and products that deliver the highest growth and meet the changing demands of the payments marketplace."
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