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Benzinga
Benzinga
Business
Anusuya Lahiri

Fiserv Stock Tumbles As Outlook Softens Despite Deal With TD

Fi Fiserv NYSE Merchant Solutions
Konskie,,Poland,-,November,12,,2024:,Fiserv,Company,Logo,Displayed

Fiserv, Inc (NYSE:FI) stock tumbled Wednesday after it reported fiscal second-quarter 2025 results.

The company reported quarterly revenue growth of 8% year-over-year to $5.52 billion, beating the analyst consensus estimate of $5.20 billion. Growth was 10% in the Merchant Solutions segment and 7% in the Financial Solutions segment. Adjusted revenue increased 8% year-over-year to $5.20 billion. 

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