Deluxe reports Q3 EPS $1.09, consensus 90c

Reports Q3 revenue $540.2M, consensus $526.5M. “We were pleased to report overall revenue expansion led by another strong growth quarter from the Data Solutions business and continued acceleration of Merchant Services’ revenue trajectory,” said Barry McCarthy, President and CEO of Deluxe (DLX). “Earnings growth outpaced revenue, demonstrating our strong operating leverage and driving reduction of our net debt ahead of our expected 2025 pacing.” “Beyond the expansion of adjusted EBITDA margins across each operating segment, we were particularly pleased to deliver continued strong free cash flow, improving our balance sheet and achieving our targeted year-end leverage ratio through three quarters,” said Chip Zint, Senior Vice President and Chief Financial Officer of Deluxe. “Our on-going cost discipline and execution focus present strong momentum for the balance of the year, allowing us to narrow our full-year 2025 guidance ranges, while raising our adjusted EPS outlook.