Fiserv Earnings Dip Amid Leadership Changes | Milwaukee News

Fiserv’s latest earnings reveal a troubling slide: Q2 revenue dropped 4% to $5.3 billion, net income plunged 39% to $630 million, with first-half figures showing similar declines—revenue down 3% to $10.3 billion and net income off 36% to $1.2 billion. This comes amid major leadership changes since June’s CEO hire and July’s president exit. New CEO Takis Georgakopoulos insists the business remains strong, citing solid volume growth and client demand, while focusing on execution and tech upgrades. But they’ve revised their full-year outlook downward, now expecting organic revenue to flatline or decline 1%, down from their prior 1–3% growth forecast. CFO Paul Todd acknowledged the shift but reaffirmed confidence in longer-term growth. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/a2dcbb161091655a