secwatch.observer — SEC 8-K summary
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Issuer:     Fidelity National Information Services, Inc. (FIS)
CIK:        0001136893
Form:       8-K
Filed at:   2023-02-13T23:59:59+00:00
Accession:  0001193125-23-034197
Event type: other_material
Sentiment:  negative
Materiality: 0.90
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FIS reports $17.4B net loss, goodwill impairment; spins off Merchant Solutions as Worldpay
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- Net loss of $17.4B ($29.28 diluted EPS) includes $17.6B non-cash goodwill impairment on Merchant Solutions.
- Q4 2022 adjusted EPS $1.71 (down 11% YoY); full-year adjusted EPS $6.65 (up 2% YoY).
- FY2022 revenue $14.5B, +5% GAAP, +7% organic; Merchant volume $2.2T, +5%.
- Plans tax-free spin-off of Merchant Solutions (as Worldpay) within 12 months; Charles Drucker to be CEO.
- FY2023 guidance: revenue $14.2-14.45B, adjusted EPS $5.70-6.00; Q1 adj EPS $1.17-1.23.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1136893/000119312523034197/0001193125-23-034197-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1136893/000119312523034197/d422291d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-034197

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