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Jun 30, 2021
Fiserv Q2 2021 Earnings Report
Fiserv reported strong Q2 2021 results, driven by macroeconomic tailwinds and business strategy execution.
Key Takeaways
Fiserv reported a strong second quarter of 2021, with GAAP revenue increasing by 17% to $4.05 billion and adjusted EPS increasing by 47% to $1.37. The company raised its full-year outlook for internal revenue growth to 10% to 12% and adjusted EPS growth to 24% to 27%.
GAAP revenue increased 17% in the quarter and 8% year to date.
GAAP EPS increased $0.40 in the quarter and $0.28 or 49% year to date.
Internal revenue growth was 18% in the quarter and 11% year to date.
Adjusted EPS increased 47% in the quarter and 32% year to date.
Fiserv
Fiserv
Fiserv Revenue by Segment
Revenue by Segment
Merchant Solutions Revenue
CapyFin.comFinancial Solutions Revenue
CapyFin.comCorporate and Other Revenue
CapyFin.com Forward Guidance
Fiserv increases the full year outlook and now expects internal revenue growth of 10% to 12% and adjusted earnings per share in a range of $5.50 to $5.60, representing growth of 24% to 27%, for 2021.
Positive Outlook
- Strong financial results in the first half of the year
- Continued business execution
- Raising internal revenue growth outlook
- Raising overall adjusted EPS outlook
- Agility, speed of implementation and new product launches should continue to accelerate our growth.
Revenue & Expenses
Visualization of income flow from segment revenue to net income