Fiserv Earnings Enjoy 24% Boost, Raises 2024 Outlook On Heels Of DoorDash Partnership

Fiserv, Inc (NYSE:FI) reported fiscal third-quarter results, with revenue increasing by 7% year-over-year to $5.22 billion, beating the analyst consensus estimate of $4.91 billion. Adjusted revenue increased 7% year-over-year to $4.88 billion. 

The financial technology and services provider’s adjusted EPS of $2.30 beat the analyst consensus estimate of $2.26. 

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The adjusted EPS marked a 17% increase over last year’s period. The stock price slid after the print.

Organic revenue grew 15%, led by 24% growth in Merchant Solutions ...