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Fiserv had a decent 2022 and managed to surpass the revenue expectations of Wall Street in its last result. The company’s better-than-expected growth against the challenging backdrop was a result of growth in organic revenue, improvement in operating margin, and adjusted earnings per share. Each of its operating segments had a strong performance. Carat, the company's new enterprise omnichannel solution performed well. The California Middle-class tax refund program was an important contributor to
Companies: FISERV (FISV:NYSE)Fiserv, Inc. (FI:NYS)
Baptista Research
Fiserv had a decent quarter on the revenue front and delivered a double-digit growth as it continues to demonstrate the strength of its client base. However, the company missed out on earnings. Merchants took advantage of the more value-added business, continued to deliver better experiences, and opened up new businesses. In general macro trends, the company saw that consumers issued new credit, continued to spend, and activated more cards. Financial institutions invested in new products and upg
Fiserv is a major global provider of fintech solutions related to payments, account processing, e-commerce, digital banking solutions, card issuer processing, and cloud-based Point-of-Sale solutions. The company has been performing well financially since the start of 2022 with good organic revenue growth. The global active merchants' accounts of the company has been growing. Fiserv continues to view opportunities to innovate its clients through recent acquisitions like Finxact, BentoBox, and Ond
This is our first report on Fiserv, a major global provider of fintech solutions related to payments, account processing, e-commerce, digital banking solutions, card issuer processing, and cloud-based Point-of-Sale solutions. The company delivered a strong quarterly result, surpassing Wall Street expectations on all counts with a strong organic revenue growth. The global active merchants' accounts of the company grew. Fiserv continues to view opportunities to innovate its clients through recent
The offer values the firm at £70m, representing a 26.1% premium to yesterday's 2.30p closing price
Companies: MonitiseFiserv, Inc.
Research Tree
Research Tree provides access to ongoing research coverage, media content and regulatory news on Fiserv, Inc.. We currently have 24 research reports from 3 professional analysts.
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