Fidelity National Information Services (FIS) Tops Q2 EPS by 6c

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Go back to Fidelity National Information Services (FIS) Tops Q2 EPS by 6c

FIS Reports Second Quarter 2020 Results

August 4, 2020 7:00 AM EDT

Results demonstrated the power and durability of FIS unique business model Increased revenue 40% on a reported basis and (7)% on an organic basis to $2,962 million Achieved annual run-rate revenue synergies of approximately $115 million and annual run-rate expense synergies in excess of $700 million Earned Diluted EPS (GAAP) of $0.03 and Adjusted EPS of $1.15 Generated net cash provided by operating activity of $1,231 million and free cash flow of $655 million

JACKSONVILLE, Fla.--(BUSINESS... More