The adjusted operating margin expanded 200 basis points to 43.8%.
Adjusted EPS of $2.36 beat the consensus of $2.35.
Global Payments held $1.93 billion in cash and equivalents.
Dividend: The board approved a dividend of $0.25 per share, payable September 30, 2022, to shareholders of record on September 16, 2022.
The board authorized an increase of the company's share repurchase program to a total available authorization of $1.5 billion.
CEO Jeff Sloan said, "Our Merchant and Issuer businesses both exceeded our targets, with our Issuer business delivering significant sequential improvement as expected."
The all-cash transaction of $34.00 per share represents a premium of approximately 24% and 40% to EVOP's last closing price and its 60-day average price, respectively, as of July 29, 2022.
Silver Lake has committed a $1.5 billion long-term strategic investment in Global Payments in the form of convertible senior notes.
GPN agreed to sell Netspend's consumer assets to Searchlight Capital and Rev Worldwide for $1.0 billion.
Outlook: Global Payments raised the FY22 adjusted net revenue outlook from $8.42 billion - $8.50 billion to $8.48 billion - $8.55 billion, above the consensus of $8.41 billion.
Global Payments increased the adjusted EPS outlook from $9.45 - $9.67 to $9.53 - $9.75, above the consensus of $9.51.
Price Action: GPN shares traded higher by 3.01% at $126.00 and EVOP up by 20.74% at $33.01 in the premarket on the last check Monday.
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