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) is frequently described in its news releases as a trusted payments and data company that helps businesses pay, get paid, and grow. News about Deluxe often highlights its role in processing more than $2 trillion in annual payment volume and supporting millions of small businesses, thousands of financial institutions, and hundreds of large consumer brands.
Investors and followers of DLX news can expect regular earnings-related announcements, including quarterly results and notifications of upcoming earnings calls. These items are typically accompanied by conference call details and references to earnings releases furnished as exhibits in Form 8-K filings.
Company news also covers strategic partnerships and product developments in payments and data. Examples include Deluxe’s collaboration with Visa to implement Visa Direct and launch dlxFastFunds, a funding solution integrated within the Deluxe Payments Platform that is designed to help businesses access funds in near real-time in eligible markets. Another recurring theme is the expansion of the Deluxe Payment Network (DPN) through initiatives such as the acquisition of CheckMatch, a service that digitizes the delivery of paper checks for faster electronic conveyance.
Deluxe news releases may also address customer relationships and corporate developments, such as expanded partnerships with financial institutions like Peoples Bank, governance updates including the election of independent directors, and recognition of leadership achievements. For investors tracking DLX, this news feed offers a centralized view of financial disclosures, payments and data initiatives, acquisitions, and governance updates related to Deluxe’s evolution as a payments and data company.
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.
Deluxe (NYSE:DLX) has been selected as the exclusive provider of consumer and business checks for The Bradford Exchange under a multi-year agreement. This partnership highlights Deluxe's ongoing transformation into a Payments and Data company, while its profitable Checks business continues to gain market share. The collaboration allows Deluxe to leverage its digital and print-on-demand capabilities to produce unique high-quality checks for The Bradford Exchange clients, enhancing its competitive position in the market.
Deluxe (NYSE: DLX), a leader in Trusted Payments and Business Technology, will announce its fourth quarter and full year 2021 financial results on February 3, 2022, before the market opens. A conference call will be held at 8:30 a.m. ET on the same day, accessible by dialing 1-888-210-4748 with access code 7092711. A webcast will also be available on the investor relations website. A replay of the call will be available post-event until midnight on February 10, 2022.
Revcontent has announced the appointment of Ben Waldshan to its Board of Directors. Waldshan, a seasoned data and IT expert, brings over 25 years of experience in growing early-stage businesses. He founded Data Warehouse, which became a key provider for major mortgage lenders in the US, later acquired by TRANZACT and then Deluxe Corporation. Revcontent's CEO, Richard Marques, expressed confidence in Waldshan's ability to drive growth and innovation. This leadership change follows the recent appointment of Rick Welch as CRO, signaling Revcontent's commitment to advancing its digital publishing strategy.
Deluxe Corporation (NYSE: DLX) announced that CEO Barry McCarthy and CFO Scott Bomar will present at the Stephens Annual Investment Conference on Monday, November 29 at 9:00 am ET. Investors can listen to a live webcast from the investor relations section of Deluxe's website, with a replay available afterward. Deluxe specializes in Trusted Payments and Business Technology, processing over $2.8 trillion in annual payment volume, supporting millions of small businesses and major financial institutions.
Deluxe (NYSE: DLX), a Trusted Payments and Business Technology™ company, will present at Citi’s 2021 FinTech Conference on November 18 at 10:30 am ET. The presentation will feature Barry McCarthy, President and CEO, and Scott Bomar, Senior VP and CFO. A live webcast will be available on the company’s investor relations website, and a replay will follow. Deluxe has been a significant player in the business sector for over 100 years, processing more than $2.8 trillion in annual payment volume, assisting millions of small businesses and major brands.
Deluxe (NYSE: DLX) has launched Season 6 of its Small Business Revolution, showcasing businesses from the Minneapolis/St. Paul area. This season marks the series' conclusion and features six Black-owned businesses. The series, which documents the impact of Deluxe’s support on small businesses, aims to promote the importance of community support for these enterprises. The show has provided financial and operational guidance, helping businesses navigate challenges, particularly those arising from the COVID-19 pandemic.
In Q3 2021, Deluxe (NYSE: DLX) reported a 21.1% increase in revenue to $532.1 million, boosted by strong performance in Payments, Cloud, and Promotional Solutions. Notably, the Payments segment soared by 114.6% year-over-year. However, net income fell 57.5% to $12.5 million, impacted by acquisition costs. The company declared a quarterly dividend of $0.30 per share, payable on December 6, 2021. While the outlook remains positive with projected revenue growth of 10-12% for the year, concerns about inflation and macroeconomic factors persist.