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TSYS Q3 2009 total revenues reach USD 432.3 million

Thursday 29 October 2009 00:59 CET | News

US processor of merchant acquirers and bank credit card issuer TSYS has seen its Q3 2009 total revenues reach USD 432.3 million, up 4.9 percent compared to the previous quarter, but down 1.6 percent compared to the same interval in 2008.

The company’s basic earnings per share (EPS) were USD 0.28 for Q3 2009. TSYS completed the sale of its Total Debt Management subsidiary, and recognized a one-time loss in discontinued operations of USD 3.3 million (approximately USD 0.01 per share) during the same quarter.

The company’s Q3 2009 operating income was USD 87.9 million, up USD 5.1 million compared to Q2 2009 and down USD 7.4 million compared to Q3 2008. TSYS say its Q3 2009 net income slide USD 9 million compared to the same interval of the previous year, but rise USD 1.6 million compared to the previous quarter.

As far as the nine months of 2009 ended on 30 September are concerned (Q1 – Q3 2009), TSYS has registered total revenues worth USD 1.25 billion, down 2.8 percent from the USD 1.28 billion registered for the first nine months of 2008.


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Keywords: TSYS, 2009 third quarter results, earnings transcript, bank credit card issuer, merchant acquirer
Categories: Payments & Commerce
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Countries: World
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