Fiserv Inc.
Fiserv Reports Strong Second Quarter 2024 Financial Results
Summary
Fiserv, Inc. reported strong financial results for the second quarter of 2024, with GAAP revenue growth of 7% and organic revenue growth of 18% year-over-year. The company saw a 39% increase in GAAP earnings per share (EPS) and raised its adjusted EPS outlook for 2024 to $8.65 to $8.80. Fiserv's Merchant Solutions segment drove significant growth, contributing to an overall 28% increase in adjusted revenue. Additionally, the company repurchased 20.2 million shares of its common stock in the first six months of 2024, reflecting its commitment to returning capital to shareholders.
Profitelligence Alerts
Get alerts for FI
Be first to know when Fiserv Inc. files with the SEC.
Filing Categories
Exhibits (1)
Advertisement
About Fiserv Inc.
Fiserv Inc. is a leading global provider of financial services technology solutions. The company's primary function is to offer comprehensive financial service offerings aimed at improving customer experiences and streamlining operations for financial institutions. Fiserv specializes in digital banking solutions, card and payment services, risk management, and core account processing. Its technology enhances transaction efficiency and security for banks, credit unions, and other financial entities across various sectors. Notable for its influence in the financial technology sector, Fiserv develops innovative platforms that facilitate seamless payment processing and data analysis. This integration supports businesses in optimizing their payment technologies and customer data management. The company's robust suite of services plays a crucial role in the digital transformation of financial services, making it a significant entity in the market. Fiserv's impact extends worldwide, catering to clients ranging from small community banks to large global financial service providers. With a focus on advancing the digital economy, Fiserv drives growth and efficiency in financial transactions globally, ensuring its place as a pivotal player in the financial technology industry.
Official SEC Documents
Advertisement