First Data Corp

Industry: Computer Services

Fortune Rank: 250

For the nine months ended 30 September 2005, First Data Corporation's revenues increased 6% to $7.77B. Net income from continuing operations decreased 15% to $1.19B. Revenues reflect increased transactions and card accounts on file and the inclusion of Concord EFS for a full quarter. Net income was offset by the absence of a $263.8M gain on the sale of GCA and an increase in selling, general and administrative expenses.

First Data Corporation (FDC) provides merchant processing services worldwide. During the year ended December 31, 2004, the Company serviced approximately 4.1 million merchant locations. In the Payment Services segment, the Company provides money transfer and bill payment services through its Western Union and Orlandi Valuta money transfer agent networks, which consist of approximately 219,000 agent locations in more than 195 countries and territories. In the Merchant Services segment, the Company provides merchant and network acquiring and transaction processing services, automated teller machine (ATM) processing and check guarantee and verification services. In the Card Issuing Services segment, the Company provides credit, debit, private-label, smart and stored-value card and debit network issuing and processing services.

First Data Corp

First Data Corp achieved revenue of $9,313.80 million in 2010 but posted a loss of $-1,086.40 million.

First Data Corp' rank improves

The company ranking improved in 2010, moving up the Fortune 500 list to 250th compared to 295th in 2009. This was based on its 2009 revenue of $8,811 million (a change of 1 million compared to 2010) and profits of $-3,764 million (a change of $2 million compared to 2009).

Another point of view

To many investors, profits are more important than revenue a company earns, If the Fortune 500 was ranked by profits instead of revenue then First Data Corp would be ranked 464th rather than 250th due to the fact it made a loss of $-1,086 million in 2010.

First Data Corp Revenue* Profit* Fortune Ranking

* US$ Million

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