FleetCor Technologies third-quarter revenues jump 31 percent

FleetCor Technologies reported Thursday (Oct. 30) that third-quarter revenues jumped 31 percent to $295.3 million and its net income grew 21 percent to $95.5 million.

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FleetCor Technologies, Inc. (NYSE:FLT) is a leading global provider of fuel cards and workforce payment products to businesses.

Results for the quarter included adjusted net income per diluted share growth of 27% and adjusted revenue growth of 30%.

Financial Results for Third Quarter 2014:

GAAP Results

  • Total revenues increased 31% to $295.3 million compared to $225.2 million in the third quarter of 2013;
  • Net income increased 21% to $95.5 million compared to $78.6 million in the third quarter of 2013;
  • Net income per diluted share increased 19% to $1.11 compared to $0.93 in the third quarter of 2013.

More: http://www.fleetcor.com/news_press_release.htm?reqid=1983896

Source: FleetCor