Deluxe Weathers Storms, Turns Acquisitions Into Opportunities

Deluxe Corp. (NYSE: DLX) is a completely different company from what it used to be. Deluxe has focused on small businesses in its efforts to offer a wide range of services such as marketing solutions and financial data and support systems services. In doing so, the company has moved away from its traditional check-printing business, which has largely evaporated in light of the rise of electronic payment-based alternatives to paper checks.

Coming into Thursday's third-quarter financial report, Deluxe shareholders hoped for continued progress in spurring growth in key areas. Deluxe's results were better than many had expected, and the company sees itself taking further steps to take advantage of new opportunities in addition to the acquisition-led and organic growth it has already captured. Let's take a closer look at what Deluxe said and what it means looking forward.

Image source: Deluxe.

Source: Fool.com