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.
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:
- 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.