secwatch.observer — SEC 8-K summary
======================================

Issuer:     FISERV INC (FISV)
CIK:        0000798354
Form:       8-K
Filed at:   2024-10-22T23:59:59+00:00
Accession:  0000798354-24-000188
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fiserv Q3 GAAP EPS down 37% on $570M impairment; adjusted EPS up 17%, raises FY24 outlook
--------------------------------------------------------------------------------

- GAAP revenue up 7% to $5.22B; GAAP EPS $0.98 vs $1.55 prior year due to $570M investment impairment.
- Adjusted EPS $2.30, +17% YoY; organic revenue growth 15% (Merchant +24%, Financial +6%).
- Operating cash flow YTD $4.41B (+24%); free cash flow $3.34B (+23%).
- FY2024 guidance raised: organic revenue growth 16-17%, adjusted EPS $8.73-$8.80 (16-17% growth).
- Repurchased 7.6M shares for $1.3B in Q3; named #1 global fintech by IDC FinTech Top 100.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/798354/000079835424000188/0000798354-24-000188-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/798354/000079835424000188/fisv-20241022.htm
  HTML page:      https://secwatch.observer/filing/0000798354-24-000188

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