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Deluxe (NYSE:DLX) Releases Earnings Results, Beats Expectations By $0.06 EPS
['Max Byerly']
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Deluxe (NYSE:DLX – Get Free Report) released its earnings results on Wednesday.
Here are the key takeaways from Deluxe’s conference call:Get Deluxe alerts:Q2 execution remained strong , with comparable adjusted revenue up 2.6%, adjusted EBITDA up 5.3%, adjusted EPS increasing to $0.87, and adjusted EBITDA margin expanding to 21.8%.
, with comparable adjusted revenue up 2.6%, adjusted EBITDA up 5.3%, adjusted EPS increasing to $0.87, and adjusted EBITDA margin expanding to 21.8%.
Print remains a declining business, with comparable adjusted revenue down 4.3% in Q2; legacy check revenue fell 1.7% and other print revenue declined 10.1%.
Deluxe Stock PerformanceNYSE DLX traded down $0.89 during trading hours on Friday, hitting $25.20.