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Fiserv
🇺🇸 NASDAQ:FI
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OverviewEarningsDividends
•
Dec 31, 2023

Fiserv Q4 2023 Earnings Report

Fiserv reported Q4 2023 results with revenue growth and increased EPS.

Key Takeaways

Fiserv's Q4 2023 results showed a 6% increase in GAAP revenue to $4.92 billion and a 15% increase in adjusted EPS to $2.19. The company reported organic revenue growth of 12% for the quarter. Fiserv expects continued organic revenue growth of 15% to 17% and adjusted EPS of $8.55 to $8.70 for 2024.

GAAP revenue increased by 6% to $4.92 billion in Q4 2023.

Organic revenue growth was 12% in Q4 2023.

Adjusted EPS increased by 15% to $2.19 in Q4 2023.

The company expects 2024 organic revenue growth of 15% to 17% and adjusted EPS of $8.55 to $8.70.

Total Revenue
$4.92B
Previous year: $4.63B
+6.2%
EPS
$2.19
Previous year: $1.91
+14.7%
Internal Revenue Growth
12%
Previous year: 12%
+0.0%
Gross Profit
$3.65B
Previous year: $2.65B
+37.6%
Cash and Equivalents
$1.2B
Previous year: $3.19B
-62.3%
Free Cash Flow
$1.27B
Previous year: $3.52B
-64.0%
Total Assets
$90.9B
Previous year: $83.9B
+8.4%

Fiserv

Fiserv

Fiserv Revenue by Segment

Forward Guidance

Fiserv expects organic revenue growth of 15% to 17% and adjusted earnings per share of $8.55 to $8.70, representing growth of 14% to 16%, for 2024.

Positive Outlook

  • Organic revenue growth of 15% to 17% is expected.
  • Adjusted earnings per share are projected to be $8.55 to $8.70.
  • Adjusted EPS growth of 14% to 16% is anticipated.
  • The company aims to extend double-digit adjusted earnings per share growth to a 39th consecutive year.
  • Investments in market-leading operating systems and value-added solutions will continue.

Revenue & Expenses

Visualization of income flow from segment revenue to net income

Company Overview

Full financial data and analysis

View Fiserv