Fiserv Payments Revs Up 6 Pct, While eComm Gains Double Digits

The company posted adjusted earnings of $1.02, which topped consensus of 99 cents. The consolidated top line was $3.9 billion, better than the $3.8 billion expected. Drilling down into results, CEO Jeff Yabuki said that the first quarter of the combined company showed that “our integration activities are progressing well.” Internal revenue growth was 6 percent, led by 10 percent growth in the firm’s Global Business Solutions merchant business. He said that account processing saw 14 new...
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