Fiserv’s second quarter profits up 79%

Brookfield-based Fiserv Inc. has a banner second quarter with a 79 percent increase in net income to $161 million, or $1.17 dilutes earnings per share.

Total revenue increased 3.3 percent to $1.1 billion in the quarter.
“We achieved strong earnings and sales performance in the quarter consistent with our full year expectations,” said Jeffery Yabuki, president and chief executive officer of Fiserv. “The continuing strength in the sales of our leading channel, payment and account processing solutions is providing strong forward momentum. Our first half results were in line with expectations, and we remain on track to achieve our full-year revenue and earnings guidance.”

Sign up for BizTimes Daily Alerts

Stay up-to-date on the people, companies and issues that impact business in Milwaukee and Southeast Wisconsin

No posts to display