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Worldpay updates FY'18 financial outlook

Worldpay Inc. has updated its financial outlook for full year 2018 and reported first-quarter results.

For 2018, the company now expects EPS of 53 cents to 75 cents and adjusted EPS of $3.71 to $3.81. Worldpay projects recording net revenue of $3.81 billion to $3.90 billion for the year.

Worldpay also reported a net loss attributable to the company of $97.6 million, or a net loss of 36 cents per share, in the first quarter, compared to net income attributable to the company of $28.9 million, or 17 cents per share, in the prior-year quarter.

Adjusted net income was $236.7 million, or 81 cents per share, higher than $134.7 million, or 68 cents per share, in the first quarter of 2017.