Corpay, Inc. (NYSE:CPAY) Q1 2025 Earnings Conference Call May 6, 2025 5:00 PM ET
Company Participants
Jim Eglseder – Head, Investor Relations
Ron Clarke – Chief Executive Officer
Alissa Vickery – Interim Chief Financial Officer
Conference Call Participants
Tien-tsin Huang – JPMorgan
Andrew Jeffrey – William Blair
Andrew Schmidt – Citi
Sanjay Sakhrani – KBW
Andrew Bauch – Wells Fargo
James Faucette – Morgan Stanley
Trevor Williams – Jefferies
Rayna Kumar – Oppenheimer
Dave Koning – Baird
Rufus Hone – BMO Capital Markets
Ken Suchoski – Autonomous Research
Nick Cremo – UBS
Operator
Good day. I’d like to welcome everyone to Corpay’s First Quarter 2025 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker’s remarks, there will be question-and-answer session. [Operator Instructions]. Today’s call is being recorded.
I would now like to turn the call over to Jim Eglseder, Investor Relations. Please go ahead.
Jim Eglseder
Good afternoon, and thank you for joining us today for our earnings call to discuss the first quarter 2025 results. With me today are Ron Clarke, our Chairman and CEO; and Alissa Vickery, interim CFO.
Following the prepared comments, the operator will announce that the queue will open for the Q&A session. Today’s documents, including our earnings release and supplement can be found under the Investor Relations section of our website at corpay.com.
Now, throughout this call, we will be covering several non-GAAP financial metrics, including revenues, net income and net income per diluted share, all on an adjusted basis. We will also be covering organic revenue growth. This metric neutralizes the impact of year-over-year changes in FX rates, fuel prices and fuel spreads.
It also includes pro forma results for acquisitions and divestitures closed throughout the two years being compared. None of these measures are