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Corpay Inc ( (CPAY) ) has issued an announcement.
Corpay, Inc. reported record revenues and adjusted net income for the fourth quarter and full year 2024, with organic revenue growth of 12% in the quarter and 20% for the year. Despite a decrease in GAAP net income for the quarter, the company achieved strong growth in its Corporate Payments segment, attributed to two significant acquisitions and improved sales and retention trends, positioning it for continued growth in 2025.
More about Corpay Inc
Corpay, Inc. is a corporate payments company that focuses on providing payment solutions. The company operates in the financial services industry, with a market focus on expanding its Corporate Payments segment, which experienced significant growth due to strategic acquisitions.
YTD Price Performance: 11.69%
Average Trading Volume: 461,654
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $26.47B
See more insights into CPAY stock on TipRanks’ Stock Analysis page.
