Deluxe Corporation announced its third quarter 2024 financial results on November 6, 2024, reporting consolidated revenue of US$528.4 million. This represents a 1.8% decrease compared to the third quarter of 2023.
The company reported a net income of $8.9 million for the quarter, with earnings per share (EPS) of 20 cents. Despite the overall revenue decline, the company highlighted robust EBITDA growth and margin expansion.
These results indicate the ongoing challenges in traditional segments while the company continues its strategic pivot. Investors will monitor how the company balances legacy business declines with growth in newer areas.
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