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Deluxe Corporation  (DLX)
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  Deluxe Corporation Outlook

On February 1 2024 the Deluxe Corporation provided following guidance

Deluxe Corporation, a Trusted Payments and Data company, released its operating results for the fourth quarter and full year of 2023. The company is delighted to announce that it has achieved organic revenue growth for the third consecutive year. Moreover, Deluxe has managed to increase its comparable adjusted EBITDA at a faster rate than revenue, signaling improved operational efficiency. Additionally, the company has generated significantly higher levels of free cash flows during both the fourth quarter and the full year. These impressive results underscore the advantages of the combined Deluxe enterprise.

Looking ahead, Deluxe is confident in its full year 2024 outlook and affirms its previous estimates.

On November 2 2023 the Deluxe Corporation provided following guidance

nt and CEO of Deluxe.

In the third quarter of 2023, Deluxe reported strong operating results. The company saw growth in comparable adjusted EBITDA that outpaced revenue growth for the third consecutive quarter. This trend indicates that Deluxe is on track to achieve significant operating leverage for the full year, showcasing the scalability of its portfolio.

Barry McCarthy, the President and CEO of Deluxe, expressed satisfaction with the third quarter and year-to-date results. He emphasized that the company's performance demonstrates the true potential of its business and reassures investors of its ability to deliver long-term growth.

Notably, Deluxe also announced the introduction of its North Star Initiative, which aims to drive additional $100 million of run-rate free cash flow by 2026. This initiative reflects the company's commitment to optimizing its operations and maximizing cash generation. By implementing strategic measures and leveraging its payment and data capabilities, Deluxe aims to unlock significant value for its shareholders.

Overall, Deluxe's strong third quarter results and the introduction of the North Star Initiative highlight the company's continued focus on growth and achievements in improving its financial performance.


 DLX $20.5900 $0.0200 0.10%

 Volume (M): 11   Open : 20.61    52 Wk Avg :  18.38





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