Fiserv, Inc. ( (FI) ) has released its Q4 earnings. Here is a breakdown of the information Fiserv, Inc. presented to its investors.
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Fiserv, Inc. is a global leader in payments and financial services technology, offering solutions in areas such as digital banking, card processing, and merchant services. The company operates primarily in the financial technology sector and is known for its innovative solutions and strong recurring revenue model.
Fiserv’s latest earnings report reveals a robust financial performance for the fourth quarter and full year 2024, marked by consistent revenue growth and enhanced profitability. The company achieved a 7% increase in GAAP revenue for both the quarter and the year, alongside a significant rise in earnings per share and free cash flow.
Key highlights from the report include a 13% organic revenue growth in the fourth quarter and 16% for the full year, driven by substantial gains in the Merchant Solutions segment. The adjusted earnings per share saw a notable increase of 15% in the quarter and 17% over the year, reflecting the company’s effective cost management and strategic initiatives. Additionally, Fiserv’s operating margin improvements in both the Merchant and Financial Solutions segments underscore its operational efficiency.
Looking ahead, Fiserv remains optimistic about its 2025 outlook, projecting organic revenue growth between 10% and 12% and an adjusted EPS growth of 15% to 17%. The company’s strategic focus on Merchant and Financial Solutions is expected to continue driving its performance, supported by its commitment to operational excellence and innovation.
