First Data (FDC) Tops Q4 EPS by 1c

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First Data Reports Fourth Quarter and Full Year 2018 Financial Results and Provides Full Year 2019 Guidance

February 6, 2019 6:50 AM UTC

Q4 results and 2019 guidance in line with preliminary results reported on January 16th Q4 consolidated revenue of $2,399 million, down 24%; Full year consolidated revenue of $9,498 million, down 21%, reflecting the adoption of ASC 606 Q4 total segment revenue of $2,185 million, up 3% as reported(a), up 2% on a comparable accounting basis(b), up 6% on an organic constant currency basis(c); Full year total segment revenue of $8,657 million, up 7% reported(a), up 6% on both a comparable accounting basis(b) and organic constant currency basis(c)... More