Fiserv Inc (FISV) Reports In-Line Q2 EPS

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Fiserv Reports Second Quarter 2020 Results

August 5, 2020 4:01 PM EDT

GAAP revenue growth of 129% in the quarter and 140% year to date;

GAAP EPS decrease of 100% in the quarter and 49% year to date;

Internal revenue decline of 7% in the quarter and 2% year to date;

Adjusted EPS decrease of 4% in the quarter and increase of 6% year to date;

Operating cash flow up 400% in the quarter and 231% year to date;

Free cash flow up 23% in the quarter and 13% year to date;

Company expects 2020 adjusted EPS growth of at least 10%

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