secwatch.observer — SEC 8-K summary
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Issuer:     FISERV INC (FISV)
CIK:        0000798354
Form:       8-K
Filed at:   2023-04-25T23:59:59+00:00
Accession:  0000798354-23-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fiserv Q1 revenue $4.55B (+10%), adj EPS $1.58 (+13%); raises 2023 organic growth to 8-9%, adj EPS $7.30-7.40
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- GAAP EPS $0.89 (-13% YoY) due to prior-year equity gains; GAAP operating margin 20.5% unchanged.
- Organic revenue growth 13% led by Acceptance +18%, Payments +13%, Fintech +3%.
- Free cash flow $861M, up from $603M; repurchased 13.3M shares for $1.5B in Q1.
- Completed $1.8B senior notes offering at 5.525% weighted avg coupon (5yr and 10yr).
- Raised FY23 organic revenue growth outlook to 8-9% and adjusted EPS to $7.30-$7.40 (12-14% growth).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/798354/000079835423000006/0000798354-23-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/798354/000079835423000006/fisv-20230425.htm
  HTML page:      https://secwatch.observer/filing/0000798354-23-000006

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer