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Nov 30 (Reuters) - Credit and debit card processor Total Systems Services Inc (TSS.N) lowered its net earnings outlook for 2007 and said net income would decline 4 percent compared with its earlier view of an increase of 0 percent to 2 percent.
TSYS said net income on a non-GAAP basis, which excludes expenses related to its spinoff by Synovus Financial Corp (SNV.N), would increase 25 percent compared with 20 percent to 22 percent it expected earlier.
It said revenue would increase 1 percent, compared with its earlier expectation of a decline of 2 percent to 3 percent. (Reporting by Nachiket Kelkar in Bangalore)