Fiserv Inc (FISV) Reports In-Line Q1 EPS, Withdraws Guidance, CEO Change

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Go back to Fiserv Inc (FISV) Reports In-Line Q1 EPS, Withdraws Guidance, CEO Change

Fiserv Reports First Quarter 2020 Results

May 7, 2020 4:04 PM EDT

GAAP revenue growth of 151% and internal revenue growth of 4%;

GAAP EPS increase of 2% and adjusted EPS increase of 16%;

Company withdraws full year financial outlook due to economic uncertainties associated with COVID-19

BROOKFIELD, Wis.--(BUSINESS WIRE)-- Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, today reported financial results for the first quarter of 2020.

First Quarter 2020 GAAP Results

On a GAAP basis, the financial results of First Data Corporation ("First Data") are included in the... More