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Global payments and financial technology company Fiserv has acquired Skytef, the primary distributor of Software Express payment solution SiTef. This strategic move aims to strengthen Fiserv's distribution network in Brazil and offer a broader range of products and services to its clients and partners, the company said in a Wednesday (Oct. 11) press release.
BROOKFIELD, Wis.--(BUSINESS WIRE)--Fiserv to Release Third Quarter Earnings Results on October 24, 2023.
Fiserv (FISV) misses Q2 revenue estimates but grows year over year.
Fiserv, Inc raised its 2023 revenue and adjusted earnings per share (EPS) outlook on Wednesday as its second-quarter top and bottom-line financial results beat expectations. The provider of payments and financial services technology solutions said it now expects full-year organic revenue growth of 9% to 11% along with adjusted EPS of $7.40 to $7.50, better than the $7.37 consensus analyst estimate.
BROOKFIELD, Wis.--(BUSINESS WIRE)--Fiserv to Release Second Quarter Earnings Results on July 26, 2023.
Fiserv reported strong earnings with adjusted revenue of $4.2B and 13% organic revenue growth, surpassing Wall Street's expectations and leading to raised guidance for the rest of the year. The company's growth is driven by the Clover and Carat platforms, with Clover seeing $231B in annualized GPV, an increase of 17%, and the Merchant Acceptance segment expected to grow to $10B by 2025. Its operating margin for the overall business is around 21.5%, with growth of 9.3% C.
CNBC's Kristina Partsinevelos joins the 'Fast Money' traders to talk how the student loan payment resumption will impact buy now, pay later stocks.
BROOKFIELD, Wis.--(BUSINESS WIRE)--Fiserv to Present at Upcoming Investor Conferences.
Texting is ubiquitous. Texting is, in many cases, real time — we open those digital missives almost as soon as we see them, and respond in kind.
Here is how Fiserv (FISV) and Interpublic Group (IPG) have performed compared to their sector so far this year.