Reports Q3 revenue $1.17B, consensus $1.16B. “Total company organic growth improved 500 bps year over year, almost doubling, to 11% in the third quarter, led by improvement in our Vehicle Payments segment and specifically our U.S. Vehicle Payments business,” said Peter Walker, chief financial officer, Corpay (CPAY), Inc. “Our Corporate Payments segment continued to deliver strong organic revenue growth of 17%, inclusive of a 100 basis point drag from float revenue compression due to lower interest rates,” concluded Walker.
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