Princeton, N.J., Feb. 2, 2016 — Heartland Payment Systems (NYSE: HPY), the nation’s fifth largest payments processor and a leading provider of merchant business solutions, today announced Adjusted Net Income and Adjusted Earnings per share of $31.2 million and $0.84, respectively, for the quarter ended December 31, 2015. This compares to an Adjusted Net Loss and Adjusted Loss per share of $15.2 million and $0.42 per share, respectively, for the quarter ended December 31, 2014. The 2014 results reflected $41.4 million of pre-tax ($37.6 million after-tax, or $1.02 per share) asset impairment charges recorded in the fourth quarter, primarily related to our investment in Leaf and other Point-of-Sale (“POSâ€�) assets. For the fourth quarter of fiscal 2015, Heartland’s GAAP net income was $22.7 million or $0.61 per share, compared to a GAAP net loss of $19.8 million, or $0.55 per share, in the fourth quarter of 2014. Adjusted Net Income and Adjusted Earnings per share are non-GAAP measures that are detailed later in this press release in the section “Reconciliation of Non-GAAP Financial Measures.â€�

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