Record Expansion in Data Segment
The Data segment revenue grew 29% versus the prior year, driven by significant demand from financial institutions and the addition of 17 new customer logos.
Overall Revenue and Earnings Growth
Total revenue for the quarter was over $536 million, up 1.4% on a comparable adjusted basis year-over-year. Comparable adjusted EBITDA increased nearly 3.5% from 2024.
Debt Reduction and S&P Ratings Upgrade
The company reduced net debt to $1.46 billion, down approximately $80 million from the prior year, contributing to an S&P ratings upgrade.
Successful Partnerships and Customer Wins
New and expanded FI relationships, including a partnership with TowneBank, were highlighted as examples of the company's ability to win larger scale financial institution partnerships.