secwatch.observer — SEC 8-K summary
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Issuer:     Fidelity National Information Services, Inc. (FIS)
CIK:        0001136893
Form:       8-K
Filed at:   2024-02-26T23:59:59+00:00
Accession:  0001136893-24-000012
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1136893/000113689324000012/0001136893-24-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1136893/000113689324000012/fis-20240226.htm
  HTML page:      https://secwatch.observer/filing/0001136893-24-000012

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