Fiserv — Oct 22, 2024 release
Fiscal 2024 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000798354-24-000188
Showing in the filing
Adjusted earnings per share outlook
“$8.73 to $8.80”
Period
FY2024
Measure
Company-defined measure
Source
Prose
All guidance in this release · 10
Organic revenue growth outlook for FY2024
“16% to 17%”
Adjusted earnings per share outlook for FY2024
“$8.73 to $8.80”
Consecutive years of double-digit adjusted e… for FY2024
“39th consecutive year”
Revenue for FY2024
“7.5% - 8.5%”
Postage reimbursements for FY2024
“(0.5)%”
Adjusted revenue for FY2024
“7% - 8%”
Currency impact for FY2024
“8.5%”
Acquisition adjustments for FY2024
“0.0%”
Divestiture adjustments for FY2024
“0.5%”
Amortization expense (acquired intangible as… for FY2024
“decrease approximately 15% compared to the amount incurred in 2023”
Exhibit 99.1 · the passage around this item
… earlier in the release
• Fiserv was named as the #1 global financial technology provider on the 2024 International Data Corporation (IDC) FinTech Top 100 Rankings for the second consecutive year. Outlook for 2024 Fiserv raises organic revenue growth outlook to 16% to 17% and adjusted earnings per share outlook to $8.73 to $8.80, representing growth of 16% to 17%, for 2024. 2 News Release “Fiserv continues to demonstrate consistency and sustainability in our top-line growth and margin improvement, leading us to raise the outlook on our 2024 financial commitments,” said Bisignano. “Our unparalleled track record remains intact as we move closer to achieving our 39 th consecutive year of double-digit adjusted earnings per share growth.” Segment Realignment The company realigned its reportable segments during the first quarter of 2024 to correspond with changes in its business designed to further enhance operational performance in the delivery of its integrated portfolio of products and solutions to its financial institution clients (“Segment Realignment”). The company’s new reportable segments are Merchant Solutions and Financial Solutions. Segment results for the three and nine months ended September 30, 2023 have been recast to reflect the Segment Realignment. Earnings Conference Call The company will discuss its third quarter 2024 results in a live webcast at 7 a.m. CT on Tuesday, October 22, 2024. The webcast, along with supplemental financial information, can be accessed on the investor relations sectio
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.