Welcome to our dedicated page for Deluxe news (Ticker: DLX), a resource for investors and traders seeking the latest updates and insights on Deluxe stock.
Deluxe Corporation (NYSE: DLX) reports developments as a payments and data company serving small businesses, financial institutions and large consumer brands. Its business spans Merchant Services, B2B Payments, Data Solutions and Print, including electronic card authorization and processing, treasury management, integrated accounts payable disbursements, data and analytics services, financial institution reporting, business incorporation services, checks, business essentials and branded print solutions.
Company news commonly covers quarterly results, merchant-services and payment-platform partnerships, product and technology modernization, and board governance. Updates also describe how Deluxe extends payment capabilities through financial institution and software relationships, while recurring financial releases discuss operating results, cash flow, debt and segment performance.
Deluxe Corporation (NYSE: DLX) has been recognized for the 14th consecutive year for its commitment to gender diversity in leadership roles. The company was honored during an event referencing The Minnesota Census of Women in Corporate Leadership, which evaluates women in executive positions across Minnesota's largest publicly traded companies. Cheryl Mayberry McKissack, Chair of the Board, is one of the few African American female board chairs of Fortune 1000 companies, further enhancing Deluxe's reputation in promoting diversity.
Outseer has appointed John Filby as its new CEO to lead the company's efforts in combating transactional fraud. Filby brings over 25 years of financial technology experience, previously serving at Global Holdings and Deluxe Corporation (NYSE: DLX). At Deluxe, he led essential FinTech acquisitions that modernized the business, while at Fiserv Inc. (NASDAQ: FISV), he developed successful transactional fraud products. His focus will be on leveraging Outseer’s capabilities to enhance fraud detection and customer service in a dynamic market.
Deluxe (NYSE:DLX) has signed a multi-year contract with Porsche North America, marking a significant win in its Promotional Solutions business. Deluxe will serve as the premium supplier for all printed products and promotional materials for Porsche in North America. Additionally, Deluxe becomes the title sponsor of the Porsche Carrera Cup racing series, enhancing its brand presence through various marketing initiatives. This partnership is expected to enrich the Porsche brand experience while furthering Deluxe's transition as a leading service provider in cloud and promotional solutions.
Deluxe (NYSE: DLX) will release its first quarter 2022 financial results on May 5, 2022, before the market opens. An open-access conference call is scheduled for 8:30 a.m. ET that same day, which can be accessed at 1-888-210-4748 (access code 7092711). A webcast will also be available on the investor relations website. For those unable to join live, a replay will be accessible after 11:30 a.m. ET until midnight on May 16, 2022, via 1-800-770-2030 (access code 7092711).
Deluxe specializes in business technology and payment solutions, processing over $2.8 trillion in annual payment volume.
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Deluxe (NYSE: DLX), a leader in Trusted Payments and Business Technology, announced that CEO Barry C. McCarthy and CFO Scott C. Bomar will present at the Sidoti Spring Small Cap Virtual Conference on March 23 at 9:15 am EDT. Interested parties can access the live webcast on Deluxe's investor relations website. Deluxe has been a trusted partner for over a century, processing more than $2.8 trillion in annual payment volume and supporting small businesses and large financial institutions.
Newfold Digital announced its acquisition of Deluxe's Australia web hosting business, Hostopia Australia, serving over 50,000 small businesses and hosting 250,000 websites. Expected to finalize in Q2 2022, this acquisition enhances Newfold's presence in Australia and enables it to leverage industry-leading products and customer support. Deluxe’s President Garry Capers emphasized this move aligns with their focus on refining North American operations while Newfold President Ed Jay highlighted the importance of trusted hosting services for online businesses.
Deluxe (NYSE: DLX) partners with Truist Financial Corporation to launch Season 2 of the web series Small Business, Big Heart. This initiative highlights inspiring small business owners who give back to their communities. The series originated from the Emmy-nominated Small Business Revolution and aims to showcase the resilience shown by entrepreneurs during the COVID-19 pandemic. Episodes will air starting in March, focusing on businesses in the Southeast and Mid-Atlantic regions.
Deluxe (NYSE:DLX) has partnered with Q2 Holdings (NYSE:QTWO) to integrate its HR & Payroll Solutions into Q2’s Partner Marketplace. This allows financial institutions to offer these services to their business clients, enhancing customer retention and generating recurring revenue. The Deluxe platform simplifies payroll, tax payments, and HR management for small businesses. The collaboration aims to modernize HR functions and provide transparent pricing for customizable services, marking a strategic advancement in Deluxe's goal to deliver innovative digital solutions.
Deluxe reported a 12.9% increase in full-year revenue to $2.022 billion for 2021, marking the first year of sales-driven growth in nearly a decade. Fourth-quarter revenue rose 25.5% to $570.6 million, with all segments contributing to year-over-year growth. However, net income in Q4 declined 44.1% to $13.8 million. The company declared a quarterly dividend of $0.30, payable on March 7, 2022. Projections for 2022 indicate an 8%-10% revenue growth, contingent on macroeconomic conditions.