FIS Reports Higher Revenue, Surging Net Income, but Forecast Falls Short of Expectations

About FIS Reports Higher Revenue, Surging Net Income, but Forecast Falls Short of Expectations

Fidelity National Information Services shares fell 12% Tuesday after the company reported lower-than-expected quarterly earnings and issued a weak forecast. FIS reported higher revenue and a nearly fivefold increase in net income than the previous year. The company projected lower-than-expected revenue for the current quarter and full year compared to analysts' estimates.

Duration

40 sec

Released

2025