Fidelity National Information Services(FIS) - 2025 Q1 - Quarterly Results

Financial Performance - Preliminary estimated revenue for Q1 2025 is $2,532 million, exceeding the outlook range of$ 2,485 - $2,510 million[8] - Adjusted revenue growth for Q1 2025 is 4%, surpassing the guidance of 2.5%-3.5%[8] - Adjusted EBITDA for Q1 2025 is estimated at$ 958 million, within the outlook of $940-$ 960 million[8] - Full-year 2025 revenue guidance is reaffirmed at $10,435 -$ 10,495 million[9] - Adjusted EPS for Q1 2025 is estimated at $1.21, aligning with the guidance of$ 1.17 - $1.22[8] - Banking recurring revenue growth for Q1 2025 is 2%, above the guidance of 0.5%-1.5%[8] - Capital Markets recurring revenue growth for Q1 2025 is 9%, exceeding the guidance of 7.0%-8.0%[8] - Adjusted EBITDA margin for Q1 2025 is approximately 37.8%, consistent with the outlook range of 37.8%-38.2%[8] Mergers and Acquisitions - The company plans to acquire the Issuer Solutions business from Global Payments for approximately$ 13.5 billion[11] - The company will sell Worldpay Holdco, LLC to Global Payments for approximately $24.25 billion[11] Risks - The company faces risks related to failure to innovate, which could impact solutions and customer retention[19] - Operational or natural disasters at major operations centers pose significant risks[19] - Compliance failures with payment network requirements could affect operations[19] - The company is exposed to risks of fraud by bad actors[19] - Additional risks are detailed in the "Risk Factors" section of the Annual Report on Form 10-K for the fiscal year ended December 31, 2024[19]