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JACKSONVILLE, Fla. - Fidelity National Information Services (NASDAQ:III), Inc. (NYSE:FIS) reported first quarter 2025 earnings that exceeded analyst expectations, while revenue fell slightly short. The company’s shares slipped 1.4% following the announcement.
FIS posted adjusted earnings per share of $1.21, surpassing the analyst estimate of $1.20. Revenue for the quarter came in at $2.5 billion, just below the consensus estimate of $2.51 billion. Compared to the same quarter last year, revenue increased 3% on a GAAP basis and 4% on an adjusted basis.
The company’s CEO and President Stephanie Ferris commented, "We had a great start to the year, delivering another quarter of financial outperformance, giving us the confidence to reiterate our full-year outlook."
FIS reiterated its full-year 2025 guidance, projecting earnings per share of $5.70 to $5.80, compared to the analyst consensus of $5.74. The company expects revenue for the year to be between $10.44 billion and $10.5 billion, in line with the consensus estimate of $10.47 billion.
During the first quarter, FIS repurchased $450 million of shares and reaffirmed its goal to repurchase $1.2 billion of shares in 2025. The company’s adjusted EBITDA was approximately $1.0 billion, with the adjusted EBITDA margin contracting by 142 basis points to 37.8% compared to the prior-year period.
FIS also announced strategic transactions, including the sale of its remaining Worldpay stake and the acquisition of Global Payments (NYSE:GPN)’ Issuer Solutions business. These transactions are expected to close in the first half of 2026, subject to regulatory approvals.
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