other material
confidence high
sentiment positive
materiality 0.75
Fiserv realigns into Merchant & Financial segments; sees 2024 organic revenue growth 11-13%
FISERV INC
- Segment realignment from three to two reportable segments: Merchant Solutions and Financial Solutions, effective Q1 2024.
- FY 2024 organic revenue growth outlook: Merchant 18-20%, Financial 5-7%, Total Company 11-13%.
- Medium-term (2025-2026) organic revenue growth: Merchant 12-15%, Financial 6-8%, Total 9-12%.
- Recast historical revenue under new segment structure for 2022 and first three quarters of 2023.
- Adjustments to organic growth exclude currency, postage reimbursements, acquisitions, and divestitures.