Corpay (CPAY) Simplifies Its Business As Profits Take A Hit
On August 5, Corpay (NYSE:CPAY) delivered two headlines in one breath. The corporate payments company reported second-quarter results that beat its own targets, and it agreed to sell a UK fleet software business it no longer sees as core. Revenue climbed 21% to $1,338.8 million and adjusted earnings per share jumped 36% to $7.00, yet […]
On August 5, Corpay (NYSE:CPAY) delivered two headlines in one breath. The corporate payments company reported second-quarter results that beat its own targets, and it agreed to sell a UK fleet software business it no longer sees as core. Revenue climbed 21% to $1,338.8 million and adjusted earnings per share jumped 36% to $7.00, yet […]
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