Fiserv Q3 2023 Earnings Report
Key Takeaways
Fiserv reported strong Q3 2023 results, with GAAP revenue increasing by 8% to $4.87 billion and adjusted EPS increasing by 20% to $1.96. The company raised its full-year 2023 outlook for organic revenue growth to 11% and adjusted EPS to $7.47 to $7.52.
GAAP revenue increased by 8% to $4.87 billion.
Organic revenue growth was 12%, led by 20% growth in the Acceptance segment.
Adjusted EPS increased by 20% to $1.96.
The company raised its 2023 organic revenue growth outlook to 11% and adjusted EPS outlook to $7.47 to $7.52.
Fiserv
Fiserv
Fiserv Revenue by Segment
Forward Guidance
Fiserv raises full year 2023 outlook and now expects organic revenue growth of 11% and adjusted earnings per share growth of 15% to 16%, a range of $7.47 to $7.52 per share.
Positive Outlook
- Company raises 2023 organic revenue growth outlook to 11%.
- Company raises adjusted EPS outlook to $7.47 to $7.52.
- Continued strength this quarter.
- Confident in ability to add new clients.
- Confident to grow with existing clients.
Revenue & Expenses
Visualization of income flow from segment revenue to net income