Fiserv said GAAP revenue for Q4 2023 rose 6% to $4.92 billion, and rose 8% to $19.09 billion for the full year. GAAP EPS was $1.45 for Q4, up 18%, and $4.98 for the full year, up 27%.

1. 01

   Fiserv said GAAP revenue for Q4 2023 rose 6% to $4.92 billion, and rose 8% to $19.09 billion for the full year. GAAP EPS was $1.45 for Q4, up 18%, and $4.98 for the full year, up 27%.

2. 02

   The company said operating cash flow for the full year 2023 rose 12% to $5.16 billion, and free cash flow rose 14% to $4.02 billion. Free cash flow was $3.52 billion in the prior year.

3. 03

   The company said its adjusted operating margin for Q4 was 40.7%, up 150 basis points, and 37.3% for the full year, up 220 basis points. It repurchased 40.0 million shares of common stock for $4.7 billion over the full year.

4. 04

   The company said it expects organic revenue growth of 15% to 17% for 2024, and adjusted earnings per share of $8.55 to $8.70, representing growth of 14% to 16%.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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