secwatch.observer — SEC 8-K summary
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Issuer:     Fidelity National Information Services, Inc. (FIS)
CIK:        0001136893
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0001136893-23-000145
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FIS Q3 continuing ops rev $2.5B (+3%), adj EPS $0.94, raises FY outlook, plans $500M buyback
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- Continuing ops revenue $2.489B (+3% GAAP, +4% organic); GAAP EPS $0.44, adj EPS $0.94.
- Adjusted EBITDA margin expanded 70bps to 43.0%; Banking Solutions $1.756B, Capital Markets $677M.
- Raised FY2023 total revenue outlook to $14.6-14.65B, adj EBITDA to $6.1-6.15B; introduced continuing ops outlook.
- Plans ~$500M share repurchase in Q4 2023; targets at least $3.5B in buybacks by end of 2024.
- Worldpay transaction with GTCR on track for Q1 2024 close; discontinued ops revenue $1.2B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1136893/000113689323000145/0001136893-23-000145-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1136893/000113689323000145/fis-20231107.htm
  HTML page:      https://secwatch.observer/filing/0001136893-23-000145

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