Brink s Boosts FY21 Adj. EPS, Revenue Outlook
WASHINGTON (dpa-AFX) - While reporting financial results for the first quarter of fiscal 2021 on Wednesday, The Brink s Co. (BCO) raised its adjusted earnings and revenue guidance for the full-year 2021.
For fiscal 2021, the company now projects earnings from continuing operations in a range of $2.55 to $2.65 per share and adjusted earnings from continuing operations in a range of $4.35 to $5.55 per share on revenues between $4.25 billion and $4.65 billion.
Previously, the company expected earnings from continuing operations in a range of $2.80 to $3.90 per share and adjusted earnings from continuing operations in a range of $4.15 to $5.35 per share on revenues between $4.10 billion and $4.50 billion.
Brink s acquires PAI to add ATMs, digital maintenance tools paymentssource.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from paymentssource.com Daily Mail and Mail on Sunday newspapers.
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Brink’s Acquires Largest Privately Owned Provider of ATM Services in the U.S.
The Brink’s CompanyApril 6, 2021 GMT
PAI Acquired for $213 Million, Expected to Generate Approximately $30 Million of Adjusted EBITDA in 2021 Provides Full Range of Managed Services for Approximately 100,000 ATMs Adds Management Depth and Technology, Expands Brink’s ATM Service Capabilities Strengthens “Strategy 2.3” Platform in North America
RICHMOND, Va., April 06, 2021 (GLOBE NEWSWIRE) The Brink’s Company (NYSE: BCO), the global leader in total cash management, route-based secure logistics and payment solutions, today announced its acquisition of PAI, Inc., the largest privately-held provider of ATM services in the U.S., for $213 million. On a current full-year basis, PAI is expected to generate revenue of approximately $320 million and adjusted EBITDA of approximately $30 million. Gi
Brink s Builds ATM Portfolio, Buys PAI for $213 Million thestreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestreet.com Daily Mail and Mail on Sunday newspapers.