FIS Q2 2022 Earnings Report
Key Takeaways
FIS reported a 7% increase in GAAP revenue and an 8% increase in organic revenue, reaching $3.7 billion. Diluted EPS was $0.45, and Adjusted EPS was $1.73. The company repurchased $300 million in shares and reduced leverage to 2.9 times debt to EBITDA.
Increased revenue 7% on a GAAP basis and 8% on an organic basis to $3.7 billion.
Generated Diluted EPS of $0.45 and Adjusted EPS of $1.73.
Repurchased $300 million in shares.
Reduced leverage to 2.9 times debt to EBITDA.
FIS
FIS
FIS Revenue by Segment
Forward Guidance
The Company updated its full-year 2022 guidance to reflect changing macroeconomic factors including the impact of foreign exchange rates and increased interest rates. Additionally, the Company successfully announced the signing of two non-strategic divestitures.
Revenue & Expenses
Visualization of income flow from segment revenue to net income