First Data Corp. said Tuesday a third-quarter loss widened because of a $98 million change in the provision for income taxes.
The loss was $220 million, up from $212 million a year earlier, the Atlanta-based company said. Revenue for the processor of credit and debit-card payments was little changed at $2.7 billion.
The company said that this month it began offering a new point-of-sale terminal for retailers called Clover Station “to meet the complete spectrum of small to medium-sized business-owner needs.”
First Data, which employs about 5,000 in the metro area, was formed in Omaha in the 1960s, and was acquired in 2007 for $26 billion by private-equity firm Kohlberg Kravis Roberts & Co.
The company reports financial information because it has bonds that are publicly traded. First Data has about $35 billion of debt, or about $32.5 billion more than before the KKR acquisition.