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Fiserv (FI) reported earnings 30 days ago. What's next for the stock?
MILWAUKEE--(BUSINESS WIRE)--Fiserv to Present at Upcoming Investor Conferences.
Fiserv CEO Frank Bisignano joins 'Squawk on the Street' to discuss the current state of the consumer, insights into small business category strength, and more.
Fiserv and Amadeus IT Group are competing to acquire Shift4 Payments , a payments processor that has a market value of $6.5 billion, according to people familiar with the matter.
Fiserv had a strong performance in 2023, beating their guidance and showing growth in their merchant acceptance division. The company's 2024 outlook is positive, with continued growth and margin expansion expected. Organic growth rates are distorted by currency effects in Argentina, and adjusting for this reveals a more realistic growth rate for the company.
Fiserv's share price has seen significant growth, delivering a 52,771% return since its IPO in 1986. Share performance has been positive upon merger with FirstData in 2019. The company has solid fundamentals, with strong revenue growth and profitability. The strength of Fiserv's merchant business is expected to be a key growth catalyst in 2024, driving organic revenue growth, in my view.
BROOKFIELD, Wis.--(BUSINESS WIRE)--Fiserv to Present at Upcoming Investor Conferences.
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