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Jun 30, 2021
FIS Q2 2021 Earnings Report
FIS delivered an exceptional quarter with accelerated revenue growth and strong new sales.
Key Takeaways
FIS reported strong Q2 2021 results, with revenue growth of 17% to $3.5 billion. The company raised its full-year revenue guidance by $250 million and increased its year-end revenue synergy target by $100 million.
Revenue grew by 17% to approximately $3.5 billion.
Adjusted EBITDA margin expanded to 43.7%.
Adjusted net earnings per share increased by 40% to $1.61.
The company achieved revenue synergies of approximately $450 million on an annual run-rate basis.
FIS
FIS
FIS Revenue by Segment
Revenue by Segment
Banking Solutions Revenue
CapyFin.comCapital Market Solutions Revenue
CapyFin.comCorporate and Other Revenue
CapyFin.com Forward Guidance
The company provided guidance for Q3 2021 and full-year 2021.
Positive Outlook
- Revenue guidance for Q3 2021 is $3.49 billion - $3.52 billion.
- Adjusted EPS guidance for Q3 2021 is $1.66 - $1.69.
- Revenue guidance for full year 2021 is $13.9 billion - $14.0 billion.
- Diluted EPS guidance for full year 2021 is $1.20 - $1.45.
- Adjusted EPS guidance for full year 2021 is $6.45 - $6.60.
Revenue & Expenses
Visualization of income flow from segment revenue to net income