Fidelity National Information Services, Inc. (NYSE: FIS), a provider of technology solutions for financial institutions and businesses, reported operating results for the fourth quarter of 2023.
- Fourth quarter earnings per share from continuing operations was $0.11, down 39% from the prior-year period
- Adjusted earnings, excluding special items, dropped 4% from last year to $0.94 per share in Q4
- Including discontinued operations, Q4 earnings and adjusted earnings were $0.42 per share and $1.67 per share, respectively
- Fourth-quarter revenue decreased 1% as compared to the prior-year period to approximately $2.5 billion
- The company raised its share repurchase target to at least $4.0 billion by year-end 2024, from the earlier goal of at least $3.5 billion
- Fidelity outperformed its Future Forward expectations in 2023; raised Future Forward expense savings goal for 2024
- The board approved a regular quarterly dividend of $0.36 per common share, payable on March 22, 2024
- For fiscal 2024, the management expects revenues to be in the range of $10.10 billion to $10.15 billion
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Tyson Foods (TSN) Q2 2024 Earnings: Key financials and quarterly highlights
Tyson Foods, Inc. (NYSE: TSN) reported second quarter 2024 earnings results today. Sales dipped slightly to $13.07 billion from $13.1 billion in the same period a year ago. Net income
After mixed Q2, what awaits Apple (AAPL) in the second half?
Apple’s (NASDAQ: AAPL) stock rallied this week after the gadget giant reported stronger-than-expected Q2 results and announced the largest-ever share buyback program. The company is investing heavily in the business,
What to expect when Tyson Foods (TSN) reports Q2 2024 earnings results
Shares of Tyson Foods, Inc. (NYSE: TSN) stayed green on Friday. The stock has gained 8% over the past three months. The branded foods company is slated to report its
