Fleetcor reports ‘record retention and sales’ for Q2

Fleetcor's Q2 earnings show significant growth.

Global commercial fuel card and business payments company Fleetcor Technologies Inc. (NYSE: FLT) on Wednesday reported total revenue for the second quarter grew 27% year-over-year to $667 million. Net income increased by 24% year-over-year, totaling $196 million in the second quarter.

After slightly lower earnings in the first quarter, Fleetcor’s adjusted earnings per share (EPS) reached $3.15 for the second quarter, a 38% year-over-year increase from $2.28. The company expected adjusted EPS to...

https://www.freightwaves.com/news/fleetcor-reports-record-retention-and-sales-for-q2

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