How did DLX's operating profit surge in Q3 2024?

Deluxe's operating profit for Q3 2024 was $10.47 million, which is a decrease from the $11.68 million reported in the same period the previous year. Therefore, it is inaccurate to say that Deluxe's operating profit surged in Q3 2024.

However, if you are interested in the reasons behind this decrease, here are some possible explanations:

1. **Revenue Decline**: Total revenue for the quarter was $528.44 million, compared to $535.00 million in the same quarter the previous year. This decline in revenue could be a contributing factor to the decrease in operating profit.
2. **Cost Control**: Despite the revenue decline, Deluxe has seen improvements in operating results and lower restructuring spend, as reported in the second quarter of 2024. It is possible that the cost control measures implemented by Deluxe have helped mitigate the impact of the revenue decline on operating profit.

In conclusion, Deluxe's operating profit did not surge in Q3 2024, and the decrease can be attributed to a combination of factors including revenue decline and cost control measures.

|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|DLX|DLX.N|Deluxe|2023 Q4|-4.723370756235772|5.37364E8|169|
|DLX|DLX.N|Deluxe|2024 Q1|-1.9088133635271791|5.34955E8|169|
|DLX|DLX.N|Deluxe|2024 Q2|-5.924580976270191|5.37816E8|169|
|DLX|DLX.N|Deluxe|2024 Q3|-1.747718669353939|5.28444E8|169|