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Technology Stocks : FleetCor Technologies (FLT)
FLT 255.00-10.7%Oct 30 9:30 AM EDT

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From: JakeStraw10/31/2018 8:09:15 AM
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FLEETCOR Reports Third Quarter 2018 Financial Results
investor.fleetcor.com
“Our third quarter revenues and profits once again finished above our expectations, with adjusted net income per diluted share growth of 23%. We delivered another solid organic revenue growth quarter of 11% overall, driven primarily by strong double digit growth rates in our Corporate Payments, Tolls, and Lodging categories,” said Ron Clarke, chairman and chief executive officer, FLEETCOR Technologies, Inc. “Also we continue to advance our beyond tolls strategy in Brazil by recently signing Estapar, the largest parking facility operator in Brazil, and McDonald’s to provide acceptance at their drive-thru’s. We believe both of these agreements will be supportive of our growth in 2019 and beyond.”
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