Fiserv Inc.
Fiserv Reports 7% GAAP Revenue Growth and 15% Adjusted EPS Growth for Q4 2024
Summary
Fiserv, Inc. reported a 7% increase in GAAP revenue for the fourth quarter of 2024, reaching $5.25 billion, and an 11% growth in organic revenue. GAAP earnings per share (EPS) for the quarter increased by 13% to $1.64. On an adjusted basis, revenue grew 7% to $4.90 billion, and adjusted EPS grew by 15% to $2.51. The company also announced a strong outlook for 2025, expecting organic revenue growth of 10% to 12% and adjusted EPS growth of 15% to 17%.
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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.
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