Q4 2019 Earnings Call
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Thursday Thursday
Thursday
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Thursday good morning. May I have your conference ID number, please?
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And growth expectations of our businesses. We expect 2020 full-year Revenue to range from $516 billion to $526 billion dollars growing 7 to 9. On a currency neutral basis over 2019 as a reminder effective January one 2019 Evo adopted the new Revenue recognition accounting standard ASC 606 month which causes us to now present Revenue net of certain Network fees. We pay to the card Brands during 2019. We reported adjusted Revenue which made 2019 comprable to 28 days prior to the adoption of ASC 606 the only Ford we were Port revenue on a basis that includes the adoption of ASC 606
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It's expected to be in the range of 173 million to $179 reflecting growth of 10 to 13% over currency neutral 2019 adjusted ebitda wage. Just leave it out margin is expected to range from 33.5% to 34% reflecting currency neutral expansion of eighty to 130 basis points are pre-tax. Income off on a gaap basis is expected to be in the range of 17 million to $22 compared to a pre-tax loss of $19 in 2019. We Believe pre-tax income is a more meaningful Financial measure due to the impact our foreign tax earnings have on our effective tax rate.
Pro-forma adjusted net income per share is expected to range from $0.71 to $0.74 per share, which is an eight to 12% growth rate over 2019 pro forma adjusted. Net income share of 66 cents these enhanced performance expectations reflected positive operating leverage with Revenue growth outpacing expense growth with that now now from the call back over to AJ, thanks. I will now turn the call over to the operator to begin our question-and-answer session operator, certainly again, if you'd like to ask a question, please press star one on your telephone keypad to withdraw your question, press the pound key charge the house with your line is open.
Hey guys. Thanks. Thanks for taking my questions and good morning. So I guess first question for for Brendan, you know, you talked about pushing out the or stopping the consolidation of the processing onto the platform. You're doing that out of Mexico. Is that a requirement there for chile or is there any sort of rationale around there? Will that now be the hub for processing transactions across latam? Yeah, so good question George and good morning. The intent with Mexico for the time being is to enable that platform in the same way that we've been able to the