Deluxe Posts Spike in Net Income on More Modest Revenue Increase

“We hit a home run this quarter and are off to a fantastic start to the year,” said Lee Schram, CEO of Deluxe. “We reported revenue and adjusted EPS well above our expected outlook with strong contributions coming from all three segments. Core check products revenue exceeded our expectation and marketing solutions and other services revenue grew 35 percent and is solidly on track to achieve its projected growth this year.”