FI

Fiserv Reports 6.9% Revenue Growth

613 Adjusted revenue growth    9.5%    7.6%    6.9%    6.0%    7.9%    5.9%    6.6%    6.1%    6.9%    6.3%  

Merchant Solutions   

Revenue    $ 1,996     $ 1,798     $ 2,206     $ 2,041     $ 2,259     $ 2,029     $ 2,261     $ 2,015     $ 8,722     $ 7,883  

Adjusted revenue growth    10.4%    13.8%    8.0%    12.3%    10.9%    11.0%    12.1%    11.5%    10.4%    12.1%  

Financial Solutions   

Revenue    $ 2,223     $ 2,054     $ 2,245     $ 2,144     $ 2,302     $ 2,193     $ 2,331     $ 2,290     $ 9,101     $ 8,681  

Adjusted revenue growth    8.2%    11.2%    4.8%    9.3%    7.2%    8.0%    6.3%    7.7%    6.6%    8.0%  

These statistics show that Fiserv, Inc. has experienced a growth in adjusted revenue across all segments, with the Total Company's adjusted revenue growing by 6.9% in 2023 compared to 6.3% in 2022. The Merchant Solutions segment saw a significant growth of 12.1% in adjusted revenue in 2023 compared to 12.1% in 2022. Similarly, the Financial Solutions segment also experienced a growth of 8.0% in 2023 compared to 8.0% in 2022. Today the company's shares have moved -0.3% to a price of $158.27. For the full picture, make sure to review Fiserv's 8-K report.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

IN FOCUS