FIS Q1 revenue $3.5B, adj EPS $1.29; raises full-year guidance

Fidelity National Information Services, Inc.

2023-Q1 EPS reported $0.24 revenue$3,510,000,000

GAAP diluted EPS $0.24, adjusted EPS $1.29; revenue $3.51B (+1% GAAP, +3% organic).
Banking Solutions revenue $1.685B (+2%); Merchant Solutions revenue $1.105B (-1% GAAP, +2% organic).
Capital Market Solutions revenue $663M (+6% GAAP, +7% organic); adjusted EBITDA margin 48.2%.
Full-year 2023 guidance raised: revenue $14.285-14.535B, adjusted EPS $5.76-6.06.
Merchant Solutions spin-off on track for early 2024; Future Forward savings exceed $210M annualized.

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

Fidelity National Information Services, Inc. reported the three months ended March 31, 2023 results: revenue approximately $3.5 billion, net income $140 million, EPS $0.24 per diluted share. Guidance raised.

Period: the three months ended March 31, 2023
Revenue: approximately $3.5 billion
Net income: $140 million
EPS: $0.24 per diluted share
Guidance: raised
Result: reported results

Exact text from the filing

FIS Reports First Quarter 2023 Results • Increased first quarter revenue 1% on a GAAP basis and 3% on an organic basis to $3.5 billion • Generated first quarter GAAP Diluted EPS of $0.24 and Adjusted EPS of $1.29 • Announces increase to full-year 2023 outlook

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Source: SEC EDGAR

accession 0001136893-23-000073

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