Total System Services Q4 Profit Declines - Quick Facts

Total System Services Inc. (TSS) reported net income attributable to the company of $60.2 million or $0.31 per share for the fourth quarter, compared to $66.3 million or $0.34 per share in the year-ago quarter.

On a constant currency basis, total revenues for the fourth quarter were $430.9 million, a decrease of 0.4% over last year. On a reported basis, total revenues increased 0.5% to $434.8 million from $432.7 million in the prior year quarter.

Analysts polled by Thomson Reuters expected the company to report earnings of $0.30 per share on revenue of $435.08 million for the quarter. Analysts' estimates typically exclude special items.

by RTTNews Staff Writer

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