Global commercial fuel card and business payments company Fleetcor Technologies Inc. on Tuesday reported total revenue for the fourth quarter grew 30% year-over-year to $802 million. Net income increased to $225 million for the quarter, a 7% year-over-year rise.
Fleetcor’s adjusted earnings per share (EPS) reached $3.72 for the fourth quarter, increasing 24% year-over-year from $3.01. The company’s retention rate reached 93%.
“Our fourth-quarter results came in ahead of our expectations we gave...
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