FLEETCOR Reports Fourth Quarter and Fiscal-Year 2018 Financial Results
FleetCor Technologies, Inc. (FLT)
Last fleetcor technologies, inc. earnings: 2/6 04:05 pm
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Source: Business Wire
PEACHTREE CORNERS, Ga.--(BUSINESS WIRE)-- FLEETCOR Technologies, Inc. (NYSE:FLT), a leading global provider of commercial payment solutions, today reported financial results for its fourth quarter and year ended December 31, 2018. “Our Q4 revenues and profits finished the year on a high note with revenue up 11% and adjusted net income per diluted share up 15% compared to the fourth quarter of 2017. These results were driven by strong execution across all lines of business resulting in organic growth of 11%, and record sales up 20% year over year in the fourth quarter. Fiscal year 2018 was another great year, driven by increases in revenues of 13% and adjusted net income per diluted share, which increased 23%,” said Ron Clarke, chairman and chief executive officer, FLEETCOR Technologies, Inc. “For 2019, we expect each of our four primary product categories – fuel, toll, lodging, and corporate payments – to con
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