ATLANTA (AP) — ATLANTA (AP) — Global Payments Inc. (GPN) on Thursday reported fourth-quarter net income of $567.2 million. On a per-share basis, the Atlanta-based company said it had net income of $2.25. Earnings, adjusted for one-time gains and costs, came to $2.95 per share.

Global Payments reported higher earnings and revenue in the fourth quarter but expects topline growth to be constrained in the new year by foreign exchange headwinds. The Atlanta-based payment-technology provider posted a profit of $567.2 million, or $2.25 a share, compared with $361.3 million, or $1.38 a share, in the same quarter a year ago.

Payment technology company Global Payments reported a rise in fourth-quarter profit on Thursday, as customers ramped up spending during the holiday season. A strong labor market, marked by low layoffs and strong wage growth,

Global Payments Inc. (NYSE:GPN) reported fourth quarter 2024 earnings that slightly missed analyst estimates, but the company's stock rose 2.5% as investors focused on its positive outlook and increased transformation benefits.