FLEETCOR TECHNOLOGIES INC. overview

FLEETCOR Technologies, Inc. (NYSE: FLT) , a leading global business payments company, today announced the sale of its Russia business to a local investment group. The transaction divests all of FLEETCOR’s operations in Russia. “We concluded the sale of our Russia business this week and are now completely out of the market. We are also announcing the launch of a $450 million ASR to buyback FLEETCOR stock,” said Ron Clarke, Chairman and CEO of FLEETCOR Technologies, Inc. The company also...

FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company, today reported financial results for its second quarter ended June 30, 2023. “Our second quarter results were solid with 10% revenue growth, 20% sales growth and 11% EBITDA growth,” said Ron Clarke, chairman and chief executive officer, FLEETCOR Technologies, Inc. “We are raising our 2023 guidance to reflect our second quarter beat. We are progressing with our strategic review and a range of options are on...

FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company, today announced the appointment of Gerald Throop to its Board of Directors and the retirement of long-tenured director, Mike Buckman. These changes are effective immediately. Throop is the third new Director appointed this year as part of FLEETCOR’s Board refreshment initiative. Throop brings extensive financial services experience that includes tenures as Head of Global Equities at the National Bank of...

FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company (“FLEETCOR”), today announced that the Company will host a conference call to discuss second quarter 2023 financial results on Tuesday, August 8, 2023 at 5:00 pm ET. Hosting the call will be Ron Clarke, chief executive officer, Tom Panther, chief financial officer and Jim Eglseder, investor relations. A press release with second quarter financial results will be issued after the market close that same day....

FLEETCOR Technologies, Inc. (NYSE: FLT), today announced that it received the anticipated court order in the FTC marketing practices and disclosure case. As expected, the court order limits its injunctive relief to FLEETCOR’s fuel card business in the United States. The order requires FLEETCOR to implement a set of disclosure practices, such as crediting customer payments on receipt date or providing notice to customers in advance of receiving a new fee. As previously disclosed, FLEETCOR has...

FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company, was recently named to Newsweek ’s annual list of Top 100 Global Most Loved Workplaces ® . The 2023 Global Top 100 Most Loved Workplaces ® is the newest list in the Most Loved Workplace ® collaboration with the Best Practice Institute (BPI), a leadership development and benchmark research company. “It’s an honor to be on Newsweek’s Global Top 100 Most Loved Workplaces ® as the recognition reinforces...

FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company, today announced that the Company will participate in the following investor conferences: On Wednesday, May 17, 2023, the Company will host a fireside chat at the Barclays Emerging Payments and FinTech Forum. The discussion will begin at 1:15 PM ET. On Tuesday, June 6, 2023, the Company will host a fireside chat at the Baird Global Consumer, Technology & Services Conference. The discussion will begin at 3:45 PM...

FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company, today reported financial results for its first quarter ended March 31, 2023. “We reported a very good first quarter, with fundamental trends driving reported and organic revenue growth of 14% and 12%, respectively,” said Ron Clarke, chairman and chief executive officer, FLEETCOR Technologies, Inc. “Broad-based strength in new sales, up 31%, and stable customer retention of 91%, drove the results. EBITDA...