First Data Reports First Quarter 2016 Financial Results
Q1 GAAP consolidated revenue of $2.8 billion, up 3%; up 5%
excluding currency impacts
Q1 segment revenue of $1.7 billion, up 2%; up 5% excluding currency
impacts
Q1 adjusted EBITDA of $636 million, up 13%; adjusted EBITDA margin
expands 360 basis points to 37.6%
Q1 GAAP net loss of $56 million, includes $46 million of debt
extinguishment charges and $52 million of IPO-triggered stock-based
compensation costs
Continued strengthening of the balance sheet through debt
refinancings that extended maturities of $4.6 billion of term loans
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