Fiserv Q2 beats: GAAP EPS $1.10 (+20%), organic rev +10%; raises FY23 guidance

FISERV INC

2023-Q2 EPS reported $1.99 revenue$9,303,000,000

GAAP revenue $4.76B (+7% YoY); GAAP EPS $1.10 (+20%)
Organic revenue growth 10%; Acceptance +14%, Payments +9%, Fintech -1%
Adjusted EPS $1.81 (+16%); adjusted operating margin 36.5% (+300 bps)
Raised FY23 organic revenue outlook to 9-11% and adj EPS to $7.40-$7.50
Repurchased 8.6M shares for $1.0B in Q2; completed €800M 4.5% senior note offering

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

FISERV INC reported second quarter of 2023 results: revenue GAAP revenue ... increased 7% to $4.76 billion, EPS GAAP earnings per share was $1.10. Guidance raised.

Period: second quarter of 2023
Revenue: GAAP revenue ... increased 7% to $4.76 billion
EPS: GAAP earnings per share was $1.10
Guidance: raised
Result: reported results

Exact text from the filing

Julie Chariell Investor Relations Fiserv, Inc. 212-515-0278 julie.chariell@fiserv.com For Immediate Release Fiserv Reports Second Quarter 2023 Results GAAP revenue growth of 7% in the quarter and 8% year to date; GAAP EPS increased 20% in the quarter and 3% year to date; Organic revenue growth of 10% in the quarter and 11% year to date; Adjusted EPS

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12 earnings releases filed in the last 30 days. Browse all earnings releases →

FISERV INC filing history →

Source: SEC EDGAR

accession 0000798354-23-000012

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