The company said GAAP revenue for Q1 2024 increased 7% from the prior year period to $4.88 billion, and organic revenue growth was 20% (Merchant Solutions 36%, Financial Solutions 5%).

1. 01

   The company said GAAP revenue for Q1 2024 increased 7% from the prior year period to $4.88 billion, and organic revenue growth was 20% (Merchant Solutions 36%, Financial Solutions 5%).

2. 02

   Fiserv said GAAP diluted earnings per share for Q1 2024 was $1.24, up 39% from $0.89 in the prior year period, and adjusted EPS was $1.88, up 19% from $1.58 in the prior year period.

3. 03

   The company said net cash provided by operating activities for Q1 2024 was $831 million ($1.13 billion in the prior year period), free cash flow was $454 million ($861 million in the prior year period), and it repurchased 10.2 million shares for $1.5 billion.

4. 04

   The company said it reaffirmed its 2024 full-year organic revenue growth outlook of 15% to 17% and raised its adjusted EPS outlook to $8.60 to $8.75, 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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