Fidelity National Information Services (FIS) Tops Q2 EPS by 6c, Offers Q3 and FY Guidance

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FIS Reports Second Quarter 2021 Results

August 3, 2021 7:00 AM EDT

Accelerated revenue growth in all operating segments, including Merchant to 45%, Banking to 8%, and Capital Markets to 6% as compared to the prior year period Increases full-year 2021 revenue guidance by $250 million to $13.9-$14.0 billion in order to reflect new sales and a growing backlog of revenue under contract during the second quarter Raises year-end 2021 revenue synergy target by $100 million to approximately $700 million on an annual run-rate basis, in order to reflect strong cross-selling performance during the second quarter

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