FIS guides FY2024 adj EPS $4.66-$4.76, raises buyback goal to $4B, achieves Future Forward savings

Fidelity National Information Services, Inc.

2023-FY EPS reported -$11.26 revenue$9,821,000,000

Q4 2023 GAAP diluted EPS $0.11 (continuing ops); adj EPS $0.94; revenue $2.51B, down 1% YoY.
FY 2023 GAAP EPS $0.85; adj EPS $3.37; revenue $9.82B, up 1%; Banking +2%, Capital Mkts +5%.
Worldpay 55% stake sale to GTCR closed Jan 31, 2024; 45% stake reported as equity method investment from Q1 2024.
Future Forward annualized run-rate savings >$550M; raising op-ex savings target, reiterates $1.0B total cash savings exiting 2024.
Q1 2024 outlook: rev $2.43B-$2.455B, adj EBITDA $955M-$970M, adj EPS $0.94-$0.97; FY2024: rev $10.1B-$10.15B, adj EPS $4.66-$4.76.

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. updated its for the three months and year ended December 31, 2023 guidance (raised).

Period: for the three months and year ended December 31, 2023
Guidance: raised
Result: reported results

Exact text from the filing

On February 26, 2024, Fidelity National Information Services, Inc. (the "Company") issued a press release announcing financial results for the three months and year ended December 31, 2023, and guidance for the three months ending March 31, 2024, and full year 2024.

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Fidelity National Information Services, Inc. filing history →

Source: SEC EDGAR

accession 0001136893-24-000012

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