Revenue Update on Deluxe Corporation(NYSE:DLX)

Deluxe Corporation(NYSE:DLX) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Jul 28, 2016. Company reported revenue of $450.60M. Analysts estimated a revenue of $1.18. Earnings per share were $1.20. Analysts had estimated an EPS of $1.18.

Deluxe Corporation (DLX) shares turned negative on Thursdays trading session with the shares closing down -0.19 points or -0.28% at a volume of 1,34,344. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $68.019. The peak price level was also seen at $68.019 while the days lowest was $67.2. Finally the shares closed at $67.36. The 52-week high of the shares is $70.26 while the 52-week low is $49.46. According to the latest information available, the market cap of the company is $3,295 M.

Several Insider Transactions has been reported to the SEC. On Jun 6, 2016, Peter J Godich (Senior Vice President) sold 2,000 shares at $65.97 per share price.Also, On Jun 6, 2016, Malcolm Mcroberts (Senior Vice President, SBS) sold 9,580 shares at $66.06 per share price.On May 12, 2016, Julie M Loosbrock (Sr. V.P., Human Resources) sold 2,230 shares at $63.75 per share price, according to the Form-4 filing with the securities and exchange commission.

Deluxe Corporation provides payment solutions. The Company’s product and service offerings consist of checks forms and accessories and other products. The Company operates in three segments: Small Business Services segment Financial Services segment and Direct Checks segment. The Small Business Services segment offers Web design hosting and other Web services; search engine optimization; digital printing services and logo design among others. The Financial Services segment offers customer acquisition programs financial institution profitability and risk management services marketing communications services and fraud protection and security services among others. It also offers forms such as deposit tickets and check registers. The Direct Checks segment supplies checks and provides fraud protection and security services as well as package insert programs. It offers its products under brand names such as Checks Unlimited Designer Checks Deluxe and NEBS among others.

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