07 jan: iDocks
11 jan: Taber du også penge på pensionsopsparing?
10-01-2011 17:18:00

Planet Payment Trading Update

Planet

Payment, Inc. (LSE: AIM: PPT and PPTR; OTCQX: PLPM), a leading

international multi-currency payment and data processor, provides the

following update on its trading for the fourth quarter and year ended 31

December 2010.

Management estimates that total revenue for the full year 2010 increased

by more than 35% to over $64m (2009: $47.3m). This growth was led by new

merchant deployments with processors and banking customers in the United

States and Asia Pacific region. Revenue from core multi-currency

processing services increased by more than 50% to over $51m (2009: $33m).

Management estimates that total revenue for the fourth quarter 2010

increased by approximately 48% to approximately $21m (Q4 2009: $14.2m),

and by approximately 35% compared to the third quarter 2010 (Q3 2010:

$15.5m). Revenue from core multi-currency processing services for the

fourth quarter 2010 increased 55% to approximately $17.0m (Q4 2009:

$11m), and by approximately 36% compared to the third quarter 2010 (Q3

2010: $12.5m).

The Company also estimates that it has achieved a significant

improvement in adjusted EBITDA for the fourth quarter, as compared to

the third quarter of 2010 and expects to show substantially increased

adjusted EBITDA for the full year in 2010, as compared to fiscal year

2009. (Adjusted EBITDA comprises net income excluding interest, taxes,

depreciation and amortization, non-cash stock-related expense and

certain other non-cash expenses.)

Planet Payment will announce its preliminary results for the period

ended 31 December 2010 in mid March 2011.

“Our services help acquirers open new sales channels, merchants sell

more goods and services and cardholders enjoy informed choice and

transparency at the point-of-sale, ” comments, Philip

Beck, Chairman of Planet Payment, Inc.We are pleased that

our efforts in 2010 have achieved increased revenue, resulting in

positive cash flows and adjusted EBITDA for the fourth quarter. We

believe that the Company is well placed for continued strong growth for

2011”

Forward-Looking Statements. Information contained in this

announcement may include ‘forward-looking statements’. All statements

other than statements of historical facts included herein, including,

without limitation, those regarding the financial position, business

strategy, plans and objectives of management for future operations of

both Planet Payment and its business partners, are forward-looking

statements. Such forward-looking statements are based on a number of

assumptions regarding Planet Payment’s present and future business

strategies, and the environment in which Planet Payment expects to

operate in future, which assumptions may or may not be fulfilled in

practice. Implementation of some or all of the new services referred to

is subject to regulatory, or other third party approvals. Actual results

may vary materially from the results anticipated by these

forward-looking statements as a result of a variety of risk factors,

including the risk that implementation, adoption and offering of the

service by processors, acquirers, merchants and others may take longer

than anticipated, or may not occur at all, regulatory changes and

changes in card association regulations and practices; general economic

risk and volume of international travel and commerce and others.

Additional risks may arise with respect to commencing operations in new

countries and regions of which Planet Payment is not fully aware at this

time. See the Company’s Quarterly Reports for prior periods, filed at www.otcqx.com

for other risk factors which investors should consider. These

forward-looking statements speak only as to the date of this

announcement and cannot be relied upon as a guide to future performance.

Planet Payment expressly disclaims any obligation or undertaking to

disseminate any updates or revisions to any forward-looking statements

contained in this announcement to reflect any changes in its

expectations with regard thereto or any change in events, conditions or

circumstances on which any statement is based.

About Planet Payment

Planet Payment’s Common shares trade in the UK on AIM under the symbols

PPT for unrestricted Common shares and PPTR for Reg S Common shares and

in the United States on the OTCQX under the symbol PLPM.

Planet Payment is a leading international payment and data processor,

providing banks and their merchants with innovative solutions to accept,

process and reconcile payments, anytime, anywhere and in any currency.

Our customer base of more than 45 acquiring banks and processors

stretches from North America, to the Middle East, to Asia Pacific,

including China, Hong Kong, Macau, Taiwan, Malaysia and India.

Planet Payment is headquartered in New York and has offices in Atlanta,

Beijing, Bermuda, Delaware, London, Hong Kong, Shanghai and Singapore.

Visit www.planetpayment.com

for more information on the Company and its services. For up-to-date

information follow Planet Payment on Twitter at @PlanetPayment

or join Planet

Payment’s page on Facebook.

Inquiries:

Planet Payment, Inc.

Robert Cox (CFO)

Tel:

+ 1 516 670 3200

www.planetpayment.com

or

Redleaf

Communications (UK PR for Planet Payment)

Emma Kane /Rebecca

Sanders-Hewett / Henry Columbine

Tel: +44 20 7566 6700

planet@redleafpr.com

or

HJMT

Communications, LLC (US PR for Planet Payment)

Hilary Topper /

Kristie Galvani / Lisa Gordon

Tel: 516 997 1950

kristie@hjmt.cpm

or

Canaccord

Genuity Ltd (UK) (Nomad for Planet Payment)

Mark Williams /

Andrew Chubb

Tel: +44 20 7050 6500

or

Canaccord

Genuity, Inc. (US) (DAD for Planet Payment)

Andy Viles

Tel:

+1 617-371-3900

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
14 aug
PNDORA
  Jeg har løbende adgang til Carnegies analyser af Pandora og har senest i dag modtaget seks slides,..
55
18 aug
VWS
Normal 0 false false false DA X-NONE X-NONE ..
30
16 aug
BAVA
Kære Bavarian aktionærer jeg har forsøgt at samle lidt informationer sammen dels taget fra ”sodazare..
23
17 aug
 
Hvis du ikke kan tåle -1,5% uden at skulle skrive et indlæg om at gå kontant, er aktiemarkedet for h..
21
15 aug
VWS
Hej Per.   1) Når et selskab køber aktier bliver de en del af virksomhedens ejendom - de kan derfor ..
15
14 aug
ONXEO
Jeg vil gerne give et brush up. Mit udgangspunkt er, at jeg har aktier i selskabet og derfor har nog..
15
15 aug
VWS
Stop nu dig selv menneske. Du har tudet og vrælet op om, hvor elendigt kursen har ageret siden oktob..
14
16 aug
NOVO-B
Jeg synes lige at I skal læse disse kloge ord:   For those of you who watch what you eat. Here’s the..
13
14 aug
VELO
  Gør mit bedste for at forholde mig til facts, også omkring væksten, selvom jeg ikke er fejlfri, er..
13
17 aug
VWS
Jamen Herregud da. Er det et svaghedstegn, at Vestas performer i henhold til deres egen guidence?   ..
12

Dong vil opføre vedligeholdelsesanlæg til kæmpe havmøllepark

18-08-2017 16:21:48
Dong Energy har underskrevet en hensigtserklæring med Zeeland Seaports om opførelse af et drifts- og vedligeholdelsesanlæg (O&M) i Vissingen Buitenhaven i det sydvestlige Holland, der skal servicere havmølleparkerne Borssele 1 og 2.Det oplyser selskabet i en meddelelse fredag eftermiddag.Der vil efter planen blive underskrevet en endelig aftale, når et område af havnen er blevet videreudviklet "he..

Siemens Gamesa afskediger 600 medarbejdere på vingefabrik i Aalborg

18-08-2017 14:30:08
Vindmølleproducenten Siemens Gamesa Renewable Energy foretager en kraftig reduktion i arbejdsstyrken på sin vingefabrik i Aalborg, hvilket sker som reaktion på ændrede markedsforhold og intensiveret konkurrence.I alt vil 730 medarbejdere på fabrikken, som i dag har 2100 ansatte, blive berørt, idet 600 ventes afskediget per 30. september 2017, mens 130 vil blive omplaceret på fabrikken.Det oplyser ..

Aktier/åbning: Novo tager bundplacering i rødt marked

18-08-2017 09:18:37
Det danske C20 Cap-indeks fortsætter de negative tendenser fra USA og Asien og åbner med et fald på 0,6 pct. i et overvejende rødt marked, hvor særligt Novo Nordisk skiller sig negativt ud.Eliteindekset følger altså uroen fra de tre store amerikanske aktieindeks, Dow Jones, S&P 500 og Nasdaq, som torsdag dykkede markant for anden gang på tre dage, samt de asiatiske markeder, der ligeledes overveje..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen

Copyright Euroinvestor A/S 2017  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
20. august 2017 15:26:47
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20170808.1 - EUROWEB5 - 2017-08-20 15:26:47 - 2017-08-20 15:26:47 - 1 - Website: OKAY