Argus Upgrades Fiserv (FISV) to Buy

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Go back to Argus Upgrades Fiserv (FISV) to Buy

Fiserv Reports First Quarter 2016 Results

May 5, 2016 4:01 PM EDT

Internal revenue growth of 4 percent and adjusted revenue growth of 5 percent;

Adjusted EPS increase of 19 percent to $1.06;

Free cash flow increase of 11 percent to $298 million;

Full year 2016 guidance affirmed

BROOKFIELD, Wis.--(BUSINESS WIRE)-- Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today reported financial results for the first quarter of 2016.

GAAP revenue in the quarter was $1.33 billion compared with $1.28 billion in the first quarter of 2015. Adjusted revenue was $1.25 billion in the first quarter... More