Fidelity National Information

SunGard was an American multinational company based in Wayne, Pennsylvania, which provided software and services to education, financial services, and public sector organizations. It was formed in 1983, as a spin-off of the computer services division of Sun Oil Company. The name of the company originally was an acronym which stood for Sun Guaranteed Access to Recovered Data, a reference to the disaster recovery business it helped pioneer. SunGard was ranked at 480th in the U.S. Fortune 500 list in the year 2012.

SunGard

Fidelity National Information Services, Inc. engages in the provision of technology solutions for financial institutions and businesses. It operates through the following segments: Banking Solutions, Capital Markets Solutions, and Corporate and Other. The Banking Solutions segment focuses on serving financial institutions with core processing software, transaction processing software, and complementary applications and services. The Capital Markets Solutions segment provides global financial services with buy- and sell-side solutions. The Corporate and Other segment includes corporate overhead expense, leveraged functions, and miscellaneous expenses. The company was founded in 1968 and is headquartered in Jacksonville, FL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

FIS meets Q4 goals, targets growth and efficiency in 2023

FIS reports strong Q4 performance with 4% organic revenue growth and margin expansion. 2023 priorities include consistent earnings growth and cash flow increase.
Strategic initiatives focus on client-centric culture and operational efficiency. Challenges in closing deals in Banking Solutions persist, but opportunities lie in accelerated growth and margin expansion.
Capital allocation priorities and Future Forward program drive value creation for shareholders. Company aims for mid-single-digit growth trajectory in 2023.

FIS surpasses Q1 expectations, eyes growth amid sector challenges

FIS delivered strong Q1 performance, exceeding expectations across the board.
While facing challenges in certain segments, opportunities for growth and efficiency are clear.
Strategic initiatives and focus on higher-margin products position FIS well for the future.
Maintaining a balance between cost savings and revenue growth is key for sustained success.

FIS exceeds Q2 expectations, focuses on efficiency and growth

FIS's Q2 2023 earnings call highlighted exceptional financial results, strategic transactions, and a focus on operational efficiency. The company's strong performance, coupled with increased guidance and capital allocation priorities, underscores its commitment to long-term value creation. While facing challenges related to post-transaction dynamics, FIS is well-positioned to capitalize on opportunities for growth and margin enhancement.

FIS reports strong Q3 earnings, eyes recurring revenue growth

FIS delivered a strong performance in Q3, with a focus on recurring revenue growth and shareholder value. The company is well-positioned as a leading software solutions provider globally, with a robust sales pipeline and a positive employee culture. Challenges include nonrecurring items impacting Q4 numbers and potential economic softening.

FIS exceeds Q4 expectations, eyes growth in digital and ESG

FIS's Q4 2023 earnings call highlighted exceptional performance, strategic initiatives, and a positive outlook for 2024. The company's focus on operational excellence, margin expansion, and shareholder returns underscores confidence in its future. Challenges in managing integration costs and program expenses are being addressed to sustain growth.

FIS surpasses Q1 targets, raises outlook on strong earnings

FIS had a strong start to 2024, exceeding financial commitments and demonstrating solid growth in key segments. Despite challenges in free cash flow conversion, the company remains confident in achieving its full-year targets. Opportunities lie in accelerating revenue growth, margin expansion, and leveraging favorable factors for improved financial performance.

FIS exceeds Q2 targets, raises EPS outlook amid strategic growth

FIS reports strong Q2 performance, exceeding targets with revenue growth and margin expansion. Strategic partnerships and client wins drive growth, while cost management boosts profitability. Despite debt levels, raised EPS outlook and focus on margin expansion signal positive outlook.

FIS reports robust Q3 results, eyes growth in digital and banking sectors

FIS's Q3 performance reflects financial strength and strategic execution, with revenue growth, margin expansion, and shareholder returns driving value creation.
While facing challenges in revenue growth and interest expenses, FIS remains well-positioned to capitalize on opportunities in digital, banking solutions, and M&A activities.
Overall, FIS's strong performance, strategic acquisitions, and market positioning signal a positive outlook for sustained growth and profitability in the future.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Fidelity National Information Services said on Thursday that it will conduct a strategic review of its business and add a new director to its board amid pressure from hedge fund D.E. Shaw Group.

Fidelity National agrees to strategic review, adds director in deal with D.E. Shaw

JACKSONVILLE, Fla.--( BUSINESS WIRE )--FIS® (NYSE: FIS), a global leader in financial services technology, today announced updates to its Board of Directors and leadership team to drive enhanced shareholder value. Consistent with the Board's focus on enhancing corporate governance, FIS will transition to an independent Board Chair structure. Jeffrey A. Goldstein, Lead Independent Director of the FIS Board, has been appointed as Independent Chairman, effective December 16, 2022. In conjunction with this appointment, Stephanie L. Ferris, previously announced as incoming Chief Executive Officer, will succeed Gary A. Norcross effective December 16, 2022. As part of the leadership transition of the Board, Mr. Norcross will depart from the Board of FIS on the same date.

FIS Implements New Board Leadership Structure to Drive Enhanced Shareholder Value; Stephanie L. Ferris Assumes CEO Role

JACKSONVILLE, Fla.--( BUSINESS WIRE )--FIS® (NYSE: FIS) (“FIS” or the “Company”), a global leader in financial services technology, announced today that its incoming Chief Executive Officer and Board of Directors (the “Board”) have initiated a comprehensive assessment of the Company's strategy, businesses, operations and structure with the goal of positioning the Company to drive stronger results, increase shareholder value and enhance client services.

FIS Incoming Chief Executive Officer and Board Commence Review to Strengthen Performance and Drive Value Creation; Board Adds New Independent Director

PORTLAND, Ore.--( BUSINESS WIRE )--SheerID, the global leader in identity marketing, has joined forces with Worldpay from FIS ® (NYSE: FIS), a global leader in financial services technology. The strategic partnership will enable tens of thousands of merchants on the Worldpay platform to easily provide segmented discounts and offers to consumer communities such as students, the military, teachers, healthcare workers, first responders, seniors, young adults, new movers, and more.

SheerID partners with Worldpay from FIS to Provide Audience Verification to Merchants

Ambarella

First Solar

Farfetch

Kraft Heinz

Li Auto Inc.

Pinduoduo Inc - ADR

Starbucks

World Wrestling Entertainment

Seasoned options investors employ a “follow the flow” strategy when tracking large institutional trading to complement their strategy.

10 Stocks With Unusual Options Activity: FSLR, SBUX, LI and Others

JACKSONVILLE, Fla.--( BUSINESS WIRE )--Ten growth-stage fintech companies presented their technology at the new FIS ® (NYSE: FIS) Innovation Center as part of the 2022 FIS Accelerator Demo Day on Nov. 16. The event was attended by investors, bankers, fintech decisionmakers and community leaders and concluded the seventh year of the FIS Fintech Accelerator program.

FIS Recognizes Top Fintech Innovators at 2022 FIS Accelerator Demo Day

Shares of Fidelity National Information Services Inc. notched their best weekly performance since the early days of the pandemic this week as analysts chimed in with upbeat views about the financial-technology name, which took a beating a month back in the wake of a disappointing earnings report.

FIS stock enjoys best week since 2020, marking bright spot in tough recent stretch

This payment processor for banks and financial institutions has had a tough couple of years

Why Fidelity National Information Services Stock Jumped 13% This Week

JACKSONVILLE, Fla.--( BUSINESS WIRE )--Global financial technology leader FIS ® (NYSE: FIS) today announced the expansion of its annual InnovateIN48 fintech competition to include early-stage fintech startups in the APAC region. Originally an employee-based innovation competition in 2013, FIS expanded the InnovateIN48 program to students in 2021. InnovateIN48-Partner Edition is the first time the company has hosted an ideation competition for startups in the APAC region.

FIS Challenges Nearly 200 Startups to Pitch their Boldest Ideas in First APAC Fintech Competition

Broadcom

Salesforce

FedEx

Micron Technology

The third quarter of 2022 was another discouraging period for investors. Inflation kept going strong, the Federal Reserve continued raising interest rates and even the housing market began showing signs of weakness as consumers were slammed by the combination of rising costs and increasing mortgage rates.

The Most-Bought Guru Stocks of the 3rd Quarter

I'm no newcomer to Fidelity National Information Services - I covered the company before the war as well as during it, and I believed the company was a "BUY". I've bought a small stake in FIS because other alternatives were, simply put, a lot better.

Why Fidelity National Information Services Is One Of The Few IT/Data Stocks I Hold

One industry that may have unique insight into the current state of the consumer are companies that provide back-office or underlying technology services to banks and merchants. The leader in that field is Fidelity National Information Services Inc. ( FIS , Financial), which recently gave investors some insight into the state of the economy.

Fidelity National Information Services Is the Canary in a Coal Mine

Fidelity National Information Services recently fell more than 25% in a single day after already trading near 52-week lows. While the earnings trend in recent years has been lumpy, and earnings growth will probably be negative next year, longer term, the stock has good odds of recovery.

I Bought The Crash In Fidelity National Information Services

Fidelity (FIS) is likely to execute share buybacks of around $500 million in the fourth quarter.

Fidelity (FIS) Q3 Earnings Miss Estimates, 2022 Guidance Cut

Fidelity National Information Services, Inc. (NYSE:FIS ) Q3 2022 Earnings Conference Call November 3, 2022 8:30 AM ET Company Participants George Mihalos - Head, Investor Relations Gary Norcross - Chairman and Chief Executive Officer Stephanie Ferris - President Erik Hoag - Deputy Chief Financial Officer Conference Call Participants Dave Koning - Baird Jason Kupferberg - Bank of America Darrin Peller - Wolfe Research David Togut - Evercore ISI Tien-tsin Huang - JPMorgan Lisa Ellis - MoffettNathanson Ramsey El-Assal - Barclays Operator Good day and welcome to the FIS Third Quarter 2022 Earnings Call. [Operator Instructions] Please be advised that today's conference is being recorded.

Fidelity National Information Services, Inc. (FIS) Q3 2022 Earnings Call Transcript

Shares of Fidelity National Information Services Inc. were cratering 19.4% in Thursday morning trading and on track to have their worst day in more than two decades after the merchant-acquiring company delivered a downbeat outlook for its latest quarter.

FIS stock sinks toward worst day since 2002 after ‘very disappointing' earnings commentary

Fidelity National (FIS) delivered earnings and revenue surprises of -0.57% and 0.16%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Fidelity National Information Services (FIS) Lags Q3 Earnings and Revenue Estimates

FIS Reports Third Quarter 2022 Results

Not So Fast, Gen Z: Millennials Lead the US for Fintech Adoption, FIS Research Shows

Nu Holdings

The incumbent banking system is categorized as expensive, clunky and having a relatively poor user experience. The financial sector has traditionally lagged many years behind the rest of the market in terms of technology.

2 Fintech Stocks From Warren Buffett and Ray Dalio

Fidelity National (FIS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Fidelity National Information Services (FIS) Reports Next Week: Wall Street Expects Earnings Growth

Walmart Enables Pay with Points through FIS Premium Payback, Giving Their Customers More Ways to Save

FIS Board Appoints Stephanie Ferris as President and Chief Executive Officer; Gary Norcross Appointed as Executive Chairman

FIS to Report Third Quarter Earnings on November 3, 2022

Fidelity National (FIS) unveils Worldpay for Platforms to let software companies extend an integrated payments platform to SMBs, backed by FIS' payment support to the small-time and mid-sized business units.

News for Fidelity National Information Stock (FIS)