Global Payments Inc. (NYSE:GPN) Q4 2018 Earnings Conference Call Transcript

Feb 13, 2019 • 08:00 am ET


Global Payments Inc. (NYSE:GPN) Q4 2018 Earnings Conference Call Transcript


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Cameron M. Bready

in 2018 while also making substantial progress on our strategy. We added leading software assets to our portfolio with AdvancedMD, SICOM and Sentral; made investments to further differentiate our e-commerce and omnichannel platform; and expanded our longstanding partnerships into new faster-growing markets. We look forward to building on our successes and delivering another year of strong performance in 2019.

With that, I'll turn the call back over to Jeff.

Jeffrey S. Sloan

Thanks Cameron. The differentiated nature of our business model has never been clearer and those companies not on the forefront of technological innovation in our industry will find it difficult to sustain market rates of growth with increasingly few alternatives. Our record performance in 2018 and our expectations for 2019 underscore how deep the moat we had constructed has become. We don't need a litany of excuses to justify our results, rather our performance speaks for itself. 2017 was a year of integration, 2018 was a year of investment and 2019 will be a year of reaping what we have sown. We could not be more optimistic about our future prospects. We look forward to delivering on our commitment today, tomorrow and in the years ahead. Winnie?

Winnie Smith

Before we begin our question-and-answer session, I'd like to ask everyone to limit their questions to one with one follow-up to accommodate everyone in the queue. Thank you. Operator, we will now go to questions.