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Fiserv Reports Mixed Q1 2023 Results: Revenue Rises, Net Income Drops

Fiserv Reports Mixed Q1 2023 Results: Revenue Rises, Net Income Drops
Fiserv (NASDAQ: FISV), US payments processing giant, has reported higher revenue but lower net income for the first three months of 2023 when compared to the same period in 2022. Revenues totaled $4.55 billion, rising by 10% year-over-year (YoY), but income fell by $106 million to $576 million.Fiserv’s Revenue Jumps in Q1 2023According to the press release published on Tuesdays, GAAP revenue for the company increased 10% to $4.55 billion in the first quarter of 2023 compared to the prior year pe... Read More
Posted: Apr 25 2023, 11:40
Author Name: financemagnates
Views: 111728

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