Fidelity National Information Services(FIS)

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Fidelity National Information Services(FIS) - 2023 Q4 - Earnings Call Presentation
2024-02-26 13:38
FOURTH QUARTER 2023 EARNINGS CALL f Speakers Disclosures 3 4 • Strategic go-to-market partnership established to preserve key value proposition for clients of both companies • Capitalizing on secular growth trends and expanding into new verticals • Raising share repurchase target to at least $4B by year-end 2024, including $510M in 4Q 2023 • Refocused sales force on higher value technology sales …DROVE STRONGER RESULTS IN 2023… ADJUSTED EPS • Adjusted revenue growth accelerating to 4%+ • Banking revenue gro ...
FIS Reports Full-Year 2023 Results, Introduces 2024 Outlook, Raises Future Forward Expectations and Announces $500 Million Increase to Share Repurchase Goal
Businesswire· 2024-02-26 12:00
JACKSONVILLE, Fla.--(BUSINESS WIRE)--FIS® (NYSE:FIS), a global leader in financial services technology, today reported its fourth quarter and full-year 2023 results. “Our 2023 results and our 2024 outlook reflect the continued positive momentum of the business as we delivered on our financial commitments for the fourth consecutive quarter and successfully closed the Worldpay transaction,” said FIS CEO and President Stephanie Ferris. “I am pleased with our outperformance on our Future Forward expectations ...
Fidelity National Information Services(FIS) - 2023 Q4 - Annual Results
2024-02-25 16:00
Exhibit 99.1 News Release FIS Reports Full-Year 2023 Results, Introduces 2024 Outlook, Raises Future Forward Expectations and Announces $500 Million Increase to Share Repurchase Goal • Fourth quarter GAAP Diluted Earnings Per Share for continuing operations of $0.11 and Adjusted EPS of $0.94 • Including discontinued operations, fourth quarter GAAP Diluted Earnings Per Share of $0.42 and Adjusted EPS of $1.67 • Full-year 2023 GAAP Diluted Earnings Per Share for continuing operations of $0.85 and Adjusted EPS ...
Fidelity National Information Services(FIS) - 2023 Q4 - Annual Report
2024-02-25 16:00
Commission File No. 001-16427 ________________________________________________________ Fidelity National Information Services, Inc. (Exact name of registrant as specified in its charter) Securities registered pursuant to Section 12(b) of the Act: Securities registered pursuant to Section 12(g) of the Act: None (Title of Class) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 mont ...
Will Fidelity National (FIS) Q4 Earnings Witness Lower Profits?
Zacks Investment Research· 2024-02-21 16:01
Fidelity National Information Services, Inc. (FIS) is set to report its fourth-quarter 2023 results on Feb 26, before the opening bell.What Do the Estimates Say?The Zacks Consensus Estimate for fourth-quarter earnings per share (EPS) of 95 cents suggests a 44.4% decrease from the prior-year figure of $1.71. The consensus mark remained stable over the past week. The consensus estimate for fourth-quarter revenues of $2.5 billion indicates a 32.2% decrease from the year-ago reported figure.Fidelity National be ...
Fidelity National Information Services (FIS) Registers a Bigger Fall Than the Market: Important Facts to Note
Zacks Investment Research· 2024-02-21 00:21
Fidelity National Information Services (FIS) closed at $62.96 in the latest trading session, marking a -1.08% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 0.6%. On the other hand, the Dow registered a loss of 0.17%, and the technology-centric Nasdaq decreased by 0.92%.Shares of the banking and payment technologies company witnessed a gain of 2.94% over the previous month, trailing the performance of the Business Services sector with its gain of 6.58% and the S&P 5 ...
Looming Layoffs? 3 Companies That May Be the Next to Drop the Axe.
InvestorPlace· 2024-02-19 21:33
Al Jazeera has called 2023 “the year of the layoffs.” As the news organization pointed out recently, it started badly in 2023, when Salesforce (NYSE:CRM) cut 10% of its global staff. CEO Marc Benioff might be a big believer in stakeholder capitalism, but 2023 proved that even he wouldn’t stand for an excessive work force. Perhaps the problem was that the U.S. created too many jobs in 2022. Approximately 4.5 million were added, the second-highest in 40 years. An increase like that may have been the deciding ...
Fidelity National Information Services (FIS) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Zacks Investment Research· 2024-02-06 00:21
The latest trading session saw Fidelity National Information Services (FIS) ending at $61.71, denoting a -0.93% adjustment from its last day's close. This change lagged the S&P 500's daily loss of 0.32%. At the same time, the Dow lost 0.71%, and the tech-heavy Nasdaq lost 0.2%.Coming into today, shares of the banking and payment technologies company had gained 1.43% in the past month. In that same time, the Business Services sector gained 5%, while the S&P 500 gained 4.59%.Market participants will be closel ...
Worldpay Begins Operating as Independent Company
Businesswire· 2024-02-01 12:15
CINCINNATI--(BUSINESS WIRE)--Worldpay, LLC, (the “Company”), a global industry leader in payments technology and solutions, announced today that it has closed upon its previously announced sale and will now operate as an independent company. The Company will be overseen by leading private equity firm GTCR, with a 55% majority ownership interest, while FIS® (NYSE: FIS), a global leader in financial services technology, will retain a 45% ownership interest. In conjunction with the closing of the sale, Charles ...
FIS Launches 2024 Fintech Hangout Series, Convening the Financial Services Start-up Ecosystem
Businesswire· 2024-01-31 13:00
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Global financial technology leader FIS® (NYSE: FIS) has today announced the launch of its 2024 FIS Fintech Hangout Series, an initiative that fosters and connects fintech startups, investors, financial institutions, FIS experts, and participants from the FIS Fintech Accelerator Program. This series will spark meaningful conversations, share best practices, and showcase the amazing work of the participating fintechs. The Fintech Hangouts supports FIS’ 9-year focus on ide ...