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SEC Filings

10-Q
WORLDPAY, INC. filed this Form 10-Q on 05/03/2019
Entire Document
 

PART I — FINANCIAL INFORMATION

Item 1. Financial Statements

Worldpay, Inc.
CONSOLIDATED STATEMENTS OF INCOME (LOSS)
Unaudited
(In millions, except share data)
 


 
Three Months Ended March 31,
 
 
2019
 
2018
Revenue
 
$
970.0

 
$
850.7

Sales and marketing
 
290.9

 
266.0

Other operating costs
 
181.0

 
155.1

General and administrative
 
127.4

 
250.1

Depreciation and amortization
 
264.4

 
207.2

Income (loss) from operations
 
106.3

 
(27.7
)
Interest expense—net
 
(72.1
)
 
(75.2
)
Non-operating income (expense)
 
3.5

 
(8.6
)
Income (loss) before applicable income taxes
 
37.7

 
(111.5
)
Income tax (benefit)
 
(0.4
)
 
(13.2
)
Net income (loss)
 
38.1

 
(98.3
)
Less: Net (income) loss attributable to non-controlling interests
 
(1.7
)
 
0.7

Net income (loss) attributable to Worldpay, Inc.
 
$
36.4

 
$
(97.6
)
Net income (loss) per share attributable to Worldpay, Inc. Class A common stock:
 
 
 
 
Basic
 
$
0.12

 
$
(0.36
)
Diluted
 
$
0.12

 
$
(0.36
)
Shares used in computing net income (loss) per share of Class A common stock:
 
 
 
 

Basic
 
302,046,241

 
274,098,480

Diluted
 
303,876,967

 
274,098,480



See Notes to Unaudited Consolidated Financial Statements.


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