Fiserv Q2 revenue surged 7% YoY to $5.11bn, exceeding estimates, driven by Merchant Solutions and Financial Solutions growth.
Fiserv, a fintech company, reported a Q2 revenue surge of 7% year-over-year to $5.11 billion, exceeding analyst estimates, with adjusted EPS of $2.13 also beating expectations. Strong organic revenue growth came from Merchant Solutions (28% rise) and Financial Solutions (8% increase). Fiserv raised its annual outlook, expecting adjusted EPS growth of 15%-17% year-over-year. The company's stock has gained over 21% in the last 12 months.
July 24, 2024
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