Fidelity reshaped its portfolio, selling Worldpay and acquiring GPN's Issuer Solutions to improve business mix and earnings ...

The company’s chief financial officer was in the hot seat last week, explaining at an investor conference how he’ll bolster ...

Global Payments' $24.25 billion bid for Worldpay involves multiple players, highlighting Fidelity National Information Services' strategic advantage and disciplined acquisition approach.

First quarter revenue increased 2% on a GAAP basis and 2% on an adjusted basis as compared to the prior-year period to $1.7 billion, including recurring revenue growth of 3%. Adjusted EBITDA margin ...

“Worldpay couldn’t be a better complement to our merchant business.” The seller, FIS Inc., professes to be equally happy about the multi-dimensional deal, which also involves FIS’s agreement to pay ...

Q1 2025 Earnings Call Transcript May 6, 2025 Fidelity National Information Services, Inc. beats earnings expectations.

Eight years later, Vantiv announced it would acquire Worldpay for $10.4 billion. Ferris was named chief financial officer of the combined entity. In early 2019, Fiserv Inc. - a top rival to FIS - ...

Banking and payments processing firm Fidelity National Information Services forecast second-quarter profit below Wall Street estimates on Tuesday, reflecting concerns of dampened consumer spending as ...

Genius is being showcased shortly following Global Payments' April deal to sell its issuer business to FIS for $13.5 billion while acquiring Worldpay from investment firm GTCR and FIS for $22.7 ...

Fidelity National Information Services Inc (FIS) surpasses expectations with robust revenue growth and strategic acquisitions, despite challenges in professional services.

FIS agreed to sell its 45% stake in Worldpay to Global Payments for $6.6B pretax value, and to acquire GPN's Issuer Solutions business for a net purchase price of $12B. The enterprise value of the ...

FIS reiterated its full-year 2025 guidance, projecting earnings per share of $5.70 to $5.80, compared to the analyst consensus of $5.74. The company expects revenue for the year to be between $10.44 ...