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Income Statement (USD)
Q2 '24 | QoQ | |
---|---|---|
Revenue | 5.11B | 4.6% |
Gross Profit | 2.82B | 26.2% |
Cost of Revenue | 2.28B | 13.7% |
Operating expense | 2.28B | 13.7% |
Net Income | 894M | 21.6% |
EBITDA | 2B | 4.7% |
Balance Sheet (USD)
Q2 '24 | QoQ | |
---|---|---|
Total Assets | 93.4B | 0.8% |
Total Liabilities | 64.6B | 2.4% |
Total Equity | 28.2B | 2.2% |
Shares Outstanding | 583M | 1.4% |
Cash Flow (USD)
Q2 '24 | QoQ | |
---|---|---|
Cash from operations | 1.34B | 61.4% |
Cash from investing | -810M | 104% |
Cash from financing | -925M | 389.4% |
EPS
Financial Highlights for Fiserv in Q2 '24
Fiserv reported a revenue of 5.11B, which is a 4.6% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 2.82B, marking a 26.2% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 2.28B, a -13.7% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 2.28B, showing a -13.7% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 894M, showing a 21.6% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 2B, showing a -4.7% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Fiserv with growth in revenue, gross profit, and net income. A decline in EBITDA signals potential operational challenges or increased costs.