Fiserv's Earnings Show Merger Costs <> but Revenue From Sales Jumped 38%

Summary


Earnings from continuing operations rose 26% for Fiserv Inc., but net income slipped largely because of expenses related to its acquisition of CheckFree Corp.

The Brookfield firm, which provides technology to the banking and insurance industries, said Tuesday it had net income of $99 million, or 60 cents per share, compared with $108 million, or 64 cents, for the period that ended June 30.

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Extract


Fiserv's Earnings Show Merger Costs <> but Revenue From Sales Jumped 38%

Earnings per share from continuing operations were 83 cents per share, up from 66 cents.

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