Global Payments Inc. announced unaudited consolidated financial results for the second quarter and six months ended November 30, 2014. For the quarter, the company announced revenues grew 10% to $697.3 million, compared to $634.1 million in the second quarter of fiscal 2014. Diluted earnings per share were $1.10, compared to $1.02 in the second quarter of fiscal 2014. Operating income was $123,984,000 against $111,907,000 for the same period of last year. Income before income taxes was $114,916,000 against $109,170,000 for the same period of last year. Net income attributable to the company was $74,781,000 against $73,897,000 for the same period of last year. Capital expenditures totaled $15 million for the quarter.

For the six months, revenues were $1,402,186,000 against $1,263,807,000 for the same period of last year. Operating income was $248,382,000 against $219,291,000 for the same period of last year. Income before income taxes was $229,496,000 against $212,013,000 for the same period of last year. Net income attributable to the company was $150,147,000 against $138,540,000 for the same period of last year. Earnings per diluted share were $2.20 against $1.88 for the same period of last year. Net cash provided by operating activities was $226,936,000 against $411,683,000 for the same period of last year. Capital expenditures were $33,290,000 against $41,178,000 for the same period of last year.

The company is raising its annual fiscal 2015 revenue outlook to $2.75 billion to $2.80 billion, or 8% to 10% growth. In addition, the company is increasing its outlook for annual fiscal 2015 diluted earnings per share on a cash basis to a range of $4.75 to $4.83, reflecting growth of 15% to 17% over fiscal 2014, and annual fiscal 2015 GAAP diluted earnings per share is expected to be in the range of $3.99 to $4.07. The company also now expects annual fiscal 2015 core cash operating margins to expand by as much as 50 basis points.

The company's board of directors approved a fiscal 2015 second quarter dividend of $0.02 per share payable on February 27, 2015 to shareholders of record as of February 13, 2015.