Deluxe Q1 2023 Earnings Report

Deluxe EPS Results

• Actual EPS: $0.70
• Consensus EPS: $0.57
• Beat/Miss: Beat by +$0.13
• One Year Ago EPS: N/A

Deluxe Revenue Results

• Actual Revenue: $545.40 million
• Expected Revenue: $542.40 million
• Beat/Miss: Beat by +$3.00 million
• YoY Revenue Growth: N/A

Deluxe Announcement Details

• Quarter: Q1 2023
• Date: 5/4/2023
• Time: N/A

Deluxe (NYSE:DLX) provides technology-enabled solutions to enterprises, small businesses, and financial institutions in the United States, Canada, and Australia. It operates through Merchant Services, B2B Payments, Data Solutions, and Print segments. The Merchant Services offers credit and debit card authorization and payment systems, as well as processing services primarily to small and medium-sized retail and service businesses. The B2B Payments segment provides treasury management solutions, including remittance and lockbox processing, remote deposit capture, automated receivables management, payment processing, and cash application, as well as automated payables management, such as medical payment and deluxe payment exchange. The Data solutions segment offers data-driven marketing solutions, financial institution profitability reporting, and business incorporation services. The Print segment provides printed personal and business checks, printed business forms, business accessories, and promotional products. It sells through multi-channel sales and marketing, and scalable partnerships. The company was formerly known as Deluxe Check Printers, Incorporated and changed its name to Deluxe Corporation in 1988. Deluxe Corporation was founded in 1915 and is headquartered in Minneapolis, Minnesota.