Vantiv, Inc.

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Press Release $VNTV Vantiv, Inc.

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Vantiv Reports First Quarter 2014 Results

                   Vantiv Reports First Quarter 2014 Results

             First Quarter Net Revenue Increased 6% to $289 Million

         Pro Forma Adjusted Net Income per Share Increased 26% to $0.39

CINCINNATI,  April  30, 2014 -  Vantiv,  Inc.  (NYSE:  VNTV)  ("Vantiv"  or  the
"Company")  today announced financial results for  the first quarter ended March
31, 2014.  Revenue  increased  8% to  $537.6  million  in  the  first quarter as
compared  to $498.0 million in the prior year period.  Net revenue increased 6%
to  $288.5 million  in the  first quarter  as compared  to $272.9 million in the
prior  year period, primarily due  to a 6% increase in  transactions.  On a GAAP
basis,  net income attributable to  Vantiv, Inc. was $28.1  million or $0.18 per
diluted share during the first quarter, compared with $26.1 million or $0.18 per
diluted share in the prior year period.  Pro forma adjusted net income increased
15% in  the first quarter to  $77.6 million as compared  to $67.4 million in the
prior  year period.   Pro forma  adjusted net  income per share increased 26% to
$0.39 for the first quarter as compared to $0.31 in the prior year period.  (See
Schedule  2 for pro forma adjusted net income and Schedule 6 for GAAP net income
reconciliation to pro forma adjusted net income.)

Vantiv's  scale  and  integrated  business  model  continue  to  drive  superior
profitability as reflected by the Company's first quarter adjusted EBITDA margin
of  46.3%, representing approximately  40 basis points  in margin expansion over
the prior year period.  Adjusted EBITDA increased to $133.7 million in the first
quarter  from $125.2 million  in the prior  year period.  (See  Schedule 7 for a
reconciliation of GAAP net income to adjusted EBITDA.)

"Our  business continues to perform well, and I am proud of our double digit pro
forma adjusted net income per share growth," said Charles Drucker, president and
chief  executive officer at  Vantiv. "We are  capitalizing on the strong secular
trends  in  the  payments  industry  by  not  only  focusing  on our traditional
channels,  but  also  by  pursuing  high  growth verticals and channels to drive

Merchant Services
Net  revenue increased 7% to $205.3 million in  the first quarter as compared to
$191.6  million in  the prior  year period,  primarily due  to a  6% increase in
transactions  and  a  1% expansion  in  net  revenue per transaction.  Sales and
marketing  expenses  increased  by  2% above  the  prior  year  period, to $71.8
Financial Institution Services
Net  revenue increased to $83.2 million in  the first quarter from $81.3 million
in  the prior year period, primarily due to a 7% increase in transactions, which
was partially offset by a shift in the mix of our client portfolio that resulted
in a lower average rate per transaction.  Sales and marketing expenses increased
by 15% above the prior year period, to $6.7 million.
Second Quarter 2014 Financial Outlook
Based  on the current level of transaction trends and new business activity, net
revenue  for the second quarter of 2014 is  expected to be $315 to $320 million,
representing growth of 6% to 8% above the prior year period.  Pro forma adjusted
net  income per share for the second quarter  of 2014 is expected to be $0.45 to
$0.46,  an increase of 13% to 15% above the  prior year period.  GAAP net income
per  share attributable to Vantiv, Inc. is expected to be $0.25 to $0.26 for the
second quarter of 2014.

Earnings Conference Call and Audio Webcast
The  Company will host a conference call to discuss first quarter 2014 financial
results  today  at  4:30 PM  ET.   Hosting  the  call  will  be Charles Drucker,
president  and  chief  executive  officer  and  Mark  Heimbouch, chief financial
officer.   The conference call  can be accessed  live over the  phone by dialing
(888)  631-5929, or  for  international  callers (913) 312-0975, and referencing
conference  code 6016338.  A  replay will  be available  approximately two hours
after  the call concludes and can be  accessed by dialing (888) 203-1112, or for
international  callers (719) 457-0820, and entering  replay pass code 6016338.
The  replay will be available through Wednesday, May 14, 2014.  The call will be
webcast    live    from    the   Company's   investor   relations   website   at

About Vantiv, Inc.
Vantiv,   Inc.   (NYSE:   VNTV)  is  a  leading,  integrated  payment  processor
differentiated  by a  single, proprietary  technology platform.  Vantiv offers a
comprehensive  suite  of  traditional  and  innovative  payment  processing  and
technology solutions to merchants and financial institutions of all sizes in the
U.S.,  enabling them to address their  payment processing needs through a single
provider.  We build strong relationships with our customers, helping them become
more  efficient, more  secure and  more successful.  Vantiv is the third largest
merchant  acquirer  and  the  largest  PIN  debit  acquirer  based  on number of
transactions  in  the  U.S.  The  company's  growth  strategy includes expanding
further  into high growth payment segments, such as integrated payments, payment
facilitation  (PayFac(TM)),  mobile,  prepaid  and  information  solutions,  and
attractive   industry   verticals   such   as  business-to-business,  ecommerce,
healthcare,  gaming,  government  and  education.  For  more  information, visit

© Copyright Vantiv, LLC.  All rights reserved.  Vantiv, the Vantiv logo, and all
other  Vantiv product  or service  names and  logos are registered trademarks or
trademarks  of Vantiv,  LLC in  the USA  and other  countries.  ®  indicates USA

Non-GAAP and Pro Forma Financial Measures
This  earnings  release  presents  non-GAAP  and pro forma financial information
including  net revenue, adjusted EBITDA, pro  forma adjusted net income, and pro
forma  adjusted net income per share.  These are important financial performance
measures  for the Company, but  are not financial measures  as defined by GAAP.
The  presentation of this financial information is not intended to be considered
in  isolation  of  or  as  a  substitute  for,  or  superior  to,  the financial
information  prepared and presented  in accordance with  GAAP.  The Company uses
these  non-GAAP and pro  forma financial performance  measures for financial and
operational  decision  making  and  as  a  means  to  evaluate  period-to-period
comparisons.  The Company  believes that  they provide  useful information about
operating   results,   enhance  the  overall  understanding  of  past  financial
performance  and  future  prospects,  and  allow  for  greater transparency with
respect  to  key  metrics  used  by  management in its financial and operational
decision  making.   Reconciliations  of  these  measures  to  the  most directly
comparable GAAP financial measures are presented in the attached schedules.

Forward-Looking Statements
This  release contains forward-looking statements that  are subject to risks and
uncertainties.  All  statements  other  than  statements  of  historical fact or
relating  to present  facts or  current conditions  included in this release are
forward-looking  statements  including  any  statements  regarding  guidance and
statements  of a general  economic or industry  specific nature. Forward-looking
statements  give  our  current  expectations  and  projections  relating  to our
financial  condition, results of operations, guidance, plans, objectives, future
performance  and business.  You can  identify forward-looking  statements by the
fact  that they  do not  relate strictly  to historical  or current facts. These
statements  may  include  words  such  as  "anticipate,"  "estimate,"  "expect,"
"project,"  "plan," "intend,"  "believe," "may,"  "should," "can have," "likely"
and  other words and terms of similar  meaning in connection with any discussion
of  the timing or nature  of future operating or  financial performance or other

The   forward-looking   statements  contained  in  this  release  are  based  on
assumptions  that  we  have  made  in  light  of our industry experience and our
perceptions   of   historical   trends,   current  conditions,  expected  future
developments   and   other   factors   we  believe  are  appropriate  under  the
circumstances.  As  you  review  and  consider information presented herein, you
should understand that these statements are not guarantees of future performance
or   results.  They  depend  upon  future  events  and  are  subject  to  risks,
uncertainties  (many of which are beyond  our control) and assumptions. Although
we  believe  that  these  forward-looking  statements  are  based  on reasonable
assumptions,  you  should  be  aware  that  many factors could affect our actual
future  performance or  results and  cause them  to differ materially from those
anticipated  in  the  forward-looking  statements.  Certain of these factors and
other  risk  factors  are  discussed  in  the  Company's  filings  with the U.S.
Securities  and Exchange Commission and include, but are not limited to: (i) the
ability  to keep  pace with  rapid developments  and change  in our industry and
provide new services to our clients; (ii) competition within our industry; (iii)
disclosure  of  unauthorized  data  and  security  breaches  that  expose  us to
liability,  litigation and reputational damage; (iv)  failures of our systems or
systems  of our third  party providers; (v)  our inability to  expand our market
share  in  existing  markets  or  expand  into  new markets; (vi) our ability to
identify  acquisition, joint venture  and partnership candidates  and finance or
integrate businesses, services or technologies that we acquire; (vii) failure to
comply  with  applicable  requirements  of  Visa,  MasterCard  or  other payment
networks; (viii) changes in payment network rules or standards; (ix) our ability
to  pass fee  increases along  to merchants;  (x) termination  of sponsorship or
clearing  services provided to us; (xi)  increased attrition of our merchants or
referral   partners;  (xii)  inability  to  successfully  renew  or  renegotiate
agreements  with our clients or referral  partners; (xiii) reductions in overall
consumer,  business and government spending; (xiv) fraud by merchants or others;
(xv) a decline in the use of credit, debit or prepaid cards; (xvi) consolidation
in  the banking  and retail  industries; and  (xvii) the effects of governmental
regulation,   changes   in   laws   and   outcomes   of   future  litigation  or
investigations.  Should one or more of these risks or uncertainties materialize,
or  should any of these assumptions prove incorrect, our actual results may vary
in  material respects from those projected in these forward-looking statements.
More  information on potential factors that could affect the Company's financial
results  and performance is included from time to time in the "Risk Factors" and
"Management's  Discussion  and  Analysis  of  Financial Condition and Results of
Operations"  sections  of  the  Company's  periodic  reports filed with the SEC,
including  the Company's Form 10-K for  the year ended December 31, 2013 and its
subsequent filings with the SEC.

Any  forward-looking statement made by us in  this release speaks only as of the
date  of this release. Factors or events  that could cause our actual results to
differ  may emerge from time to  time, and it is not  possible for us to predict
all  of them. We undertake no  obligation to publicly update any forward-looking
statement,  whether  as  a  result  of  new  information, future developments or
otherwise, except as may be required by law.

Nathan Rozof, CFA
Senior Vice President, Investor Relations

Andrew Ciafardini
Director of Corporate Communications



Q1-2014 Earnings Schedules:


This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
    other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
     originality of the information contained therein.

Source: Vantiv, Inc. via GlobeNewswire

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