Fiserv Announces Strategic Relationship With TD
8 Articles
8 Articles
Fiserv Says ‘Just Scratching Surface’ for Clover, But Slowing Growth Slams Shares
Fiserv’s management said Wednesday (July 23) that its flagship point of sale offering, Clover, is still on track to hit $3.5 billion in annual sales this year. [contact-form-7] But as the company trimmed guidance for 2025, and as Clover’s momentum appeared to slow in the second quarter, investors sent the shares down 20% in early trading. Supplemental materials that accompanied the earnings announcement revealed that Clover volumes were…
A ‘Choppy’ Market Recovery and Timing Issues Lead Fiserv to Trim a Forecast - Digital Transactions
Fiserv Inc. early Wednesday reported $10.65 billion in revenue for the first half of 2025, representing a 7% increase from the first six months of 2024, but it was a revised projection for revenue growth for the whole year that drew the attention of equity analysts on a group call to discuss the big processor’s June-quarter results. The Milwaukee-based company is now projecting a 10% rise in organic revenue for the year, revised from a former fo…
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