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First Data updates FY'18 guidance

First Data Corp. has updated its full-year financial guidance.

The company now projects total segment revenue growth of 7% to 8% for full year 2018, up from the previously disclosed guidance of 6% to 7%.

Segment EBITDA growth, adjusted EPS and free cash flow guidance remains unchanged from the previous guidance.

First Data reported second-quarter net income attributable to the company of $341 million, or 36 cents per share, compared to $185 million, or 20 cents per share, in the year-ago quarter.

Adjusted net income attributable to the company was $371 million, or 39 cents per share, compared to $374 million, or 40 cents per share, in the same quarter of 2017.