Barclays Downgrades Vantiv (VNTV) to Equalweight
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Vantiv Reports Second Quarter 2016 Results
July 28, 2016 6:30 AM EDTCINCINNATI, OH -- (Marketwired) -- 07/28/16 -- Vantiv, Inc. (NYSE: VNTV) ("Vantiv" or the "company") today announced financial results for the second quarter ended June 30, 2016. Total revenue increased 13% to $891 million in the second quarter as compared to $786 million in the prior year period. Net revenue increased 13% to $480 million as compared to $424 million in the prior year period, reflecting strong growth in both business segments. On a GAAP basis, net income per diluted share attributable to Vantiv, Inc. increased 58% to $0.38 as compared to $0.24 in the prior year period. Pro forma adjusted net income per share increased... More
