Reports Q4 adjusted revenue $4.64B, consensus $4.69B. “Fiserv closed out 2023 with accelerated organic revenue growth of 12%, representing our third consecutive year of double-digit growth, as our momentum continued,” said Frank Bisignano, Chairman, President and Chief Executive Officer of Fiserv. “We are proud to have delivered on our commitments, with results that exceeded expectations across key measures of our financial performance – organic revenue growth, adjusted earnings per share, adjusted operating margin and free cash flow.”
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Read More on FI:
- Fiserv price target raised to $156 from $150 at Mizuho
- Fiserv price target raised to $140 from $120 at Truist
- Fiserv upgraded to Outperform from Perform at Oppenheimer
- Fiserv upgraded to Outperform from Neutral at Exane BNP Paribas (earlier)
- Fiserv upgraded to Overweight from Sector Weight at KeyBanc
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