ADVFN - Advanced Financial Network.
HOME» NYSE » T » TSS Stock Price » TSS Stock News

Total Systems Share News

 Total System Services, Inc. Stock Price
TSS Stock Price
 Total System Services, Inc. Stock Chart
TSS Stock Chart
 Total System Services, Inc. Stock News
TSS Stock News
 Total System Services, Inc. Company Information
TSS Company Information
 Total System Services, Inc. Stock Trades
TSS Stock Trades

Total Systems Services 3Q Profit Down 17% On Higher Costs

DOW JONES NEWSWIRES Total System Services Inc.'s (TSS) third-quarter profit dropped 17% as revenue edged up but costs jumped. The company raised its forecast for 2010 earnings by 2 cents to a range of 98 cents to $1 a share but cut its revenue target to a range of $1.7 billion to $1.73 billion, from $1.71 billion to $1.75 billion. The payment-services provider, whose technologies support consumer finance and credit and debit cards for financial institutions, has seen revenue increase in recent quarters. It had struggled during the downturn after losing some big customers. It reported third-quarter earnings of $45.7 million, or 23 cents a share, down from $55 million, or 28 cents a share, a year earlier. Revenue edged up 1% to $433.2 million. Analysts polled by Thomson Reuters most recently estimated earnings of 23 cents on $435 million in revenue. Gross margin dipped to 30.1% from 31.3%. Also hurting the bottom line was a 12% increase in overhead costs. Revenue in the North America services segment--by far its largest on that basis--slid 12% while it dipped 1% abroad. Merchant-services revenue jumped 38%. Shares closed at $15.98. -By Matt Jarzemsky, Dow Jones Newswires; 212-416-2240; matthew.jarzemsky@dowjones.com

Stock News for Total Systems (TSS)
DateTimeHeadline
05/02/201616:30:00TSYS to Host 2016 Analyst Day in New York
05/02/201615:33:00Statement of Changes in Beneficial Ownership (4)
04/29/201609:16:32Current Report Filing (8-k)
04/28/201607:20:00TSYS veröffentlicht Studie zu Zahlungsverhalten von Verbrauchern...
04/28/201605:00:00TSYS publie une étude sur les paiements des consommateurs allemands...
04/28/201604:00:00TSYS Releases 2016 German Consumer Payments Study
04/26/201616:17:37Current Report Filing (8-k)
04/26/201616:15:00TSYS Reports First Quarter 2016 Adjusted EPS Grew 22.8%
04/25/201609:00:00TSYS Extends Payments Agreement with HealthEquity
04/13/201615:19:08Amended Annual Report (10-k/a)
04/06/201604:00:00Cardholder Alerts Now Available to TSYS Clients in Europe
04/06/201604:00:00Les alertes aux titulaires de carte sont désormais disponibles...
04/06/201604:00:00Warnungen an Karteninhaber jetzt für TSYS-Kunden in Europa verfügbar
04/05/201610:36:00TSYSがトランスファーストの買収を完了
04/05/201609:00:00ProPay Supports Samsung Pay
04/02/201610:52:00TSYS finalise le rachat de TransFirst
04/02/201610:52:00TSYS schließt Übernahme von TransFirst ab
04/01/201616:16:20Current Report Filing (8-k)
04/01/201614:55:00TSYS Completes Acquisition of TransFirst
03/31/201609:00:00TSYS to Broadcast First-Quarter 2016 Results

Total Systems and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad