Fidelity National Information Services, Inc.
FIS Reports Strong 2024 Financial Results and 2025 Outlook
Summary
Fidelity National Information Services, Inc. (FIS) reported its full-year 2024 financial results, showcasing a 67% increase in GAAP Diluted EPS and a 56% increase in Adjusted EPS over the prior year. The company also repurchased $4.0 billion of shares in 2024 and announced a goal to repurchase $1.2 billion of shares in 2025. FIS introduced its 2025 outlook, projecting revenue growth, expanding adjusted EBITDA margin, and adjusted EPS growth of 9 to 11%. The strong performance was driven by revenue growth in both Banking Solutions and Capital Market Solutions segments.
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About Fidelity National Information Services, Inc.
Fidelity National Information Services, Inc. is a leading financial technology and services company, primarily focused on providing integrated banking solutions. The company facilitates various digital transformation processes in the financial sector by offering payment processing, core banking software, and enterprise resource planning services. Operating globally, Fidelity National Information Services caters to financial institutions, businesses, and governmental entities, helping them enhance customer experience, increase operational efficiency, and ensure regulatory compliance. Its offerings impact vital sectors such as banking, investment management, retail, and insurance, reflecting its extensive reach across the financial services industry. Fidelity National Information Services plays a critical role in the financial ecosystem, delivering tailor-made IT solutions that empower businesses to streamline their operations and adapt to the evolving digital landscape. With a commitment to innovation, the company continually enhances its technological capabilities to meet the demands of a fast-paced market, promoting growth and sustainability in the financial services sector.
Official SEC Documents
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