Group 1 - Fidelity National Information Services (FIS) has experienced a significant decline of 9.6% over the past four weeks, but it is now in oversold territory, indicating a potential trend reversal [1] - The Relative Strength Index (RSI) for FIS is currently at 26.2, suggesting that the heavy selling pressure may be exhausting, which could lead to a price rebound [5] - There is strong consensus among Wall Street analysts that FIS will report better earnings than previously predicted, with a 0.3% increase in the consensus EPS estimate over the last 30 days [7] Group 2 - FIS holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, indicating a strong potential for a turnaround [8]

Financial Performance - Revenue increased by 11% to a record $219 million, with 10% growth excluding FX[3] - Commissions revenue increased by 12% to a record $192 million[3] - Earnings per share (EPS) increased by 11% to $1.91, or $2.00 per share excluding notable items, a 16% increase[3] - The company generated $360 million in TTM free cash flow[3] Trading Volume Growth - Total trading ADV increased by 43% to a record $49.0 billion[3] - Total credit ADV increased by 22% to a record $16.8 billion[3] - Combined emerging markets ADV and eurobonds ADV increased by 23% to a record level[3] - Total portfolio trading ADV increased by 69% to a record $1.5 billion[3] Strategic Channel Performance - Client-Initiated Channel: Block trading ADV increased by 37%, emerging markets increased by 27%, and eurobonds increased by 100%[3] - Dealer-Initiated Channel: Dealer-initiated ADV increased by 40% to $1.8 billion, including record eurobonds ADV[3] Expense Management - Expenses grew by 10%, but only 5% excluding notable items and FX[3] Capital Management - Total cash, cash equivalents, corporate bond and U S Treasury investments amounted to $621 million as of June 30, 2025[5] - The company repurchased 380K shares for $80 million year-to-date through July 2025, including 168K shares repurchased in 2Q25 for $37 million[5]

Core Viewpoint - The company, FDCTech, Inc., is acquiring Steven AB (Xoala) to enhance its presence in the European payments market, valued at $2 trillion, and to create a vertically integrated fintech model [1][2]. Group 1: Acquisition Details - The company has signed a non-binding Letter of Intent (LOI) to acquire 100% of Steven AB for a total purchase price of $6,750,000, which includes a premium for the shares and the Own Funds Capital of Steven AB [3]. - The LOI includes provisions for exclusivity, confidentiality, and governing law, with a binding Share Purchase Agreement (SPA) expected within 45 days, subject to due diligence [4][9]. Group 2: Strategic Importance - This acquisition is part of the company's strategy to expand its regulated financial services across Europe and the UK, aiming to become a fully integrated fintech powerhouse [2]. - Steven AB holds a prestigious Electronic Money Institution license in Sweden, allowing it to offer multi-currency accounts and payment services across the European Economic Area (EEA), thus providing a regulatory gateway to millions of potential customers [5][8]. Group 3: Financial Impact - The acquisition is expected to enhance the company's high-margin fee income streams from foreign exchange spreads, account fees, card issuance, and cross-border transactions, reducing reliance on trading commissions [6]. - By integrating regulated payment processing with brokerage services, the company aims to compete with larger global players while maintaining a focus on retail investors [6].

Financial Performance & Strategy - The company generated positive free cash flow of $13 million in 2Q25 and $19 million in 1H25, maintaining a strong balance sheet with a net leverage ratio of 1.5x[10] - Backlog increased to approximately $980 million, supported by strong order entry growth of approximately 10% year-over-year[10] - The company is executing on an initial $100 million share repurchase authorization, with approximately $30 million repurchased in 2Q25, representing approximately 637,000 shares[10] - The company reaffirms its 2025 outlook and is trending toward the higher end of the range[10] - The company is targeting mid-single digit annual revenue growth rate by 2027, double-digit Adjusted EBITDA growth & ~15% margins by 2027, and plan to deliver $800 million in cumulative FCF from '25-27 and 60%+ FCF conversion in 2027[16] Segment Performance - Banking revenue increased sequentially, with total banking revenue reported as $679 million[45] - Banking gross profit increased sequentially, with total banking gross profit reported as $187 million, resulting in a gross margin of 27.5%[45,47] - Retail revenue increased sequentially, with total retail revenue reported as $236 million[51] - Retail gross profit increased sequentially, with total retail gross profit reported as $56 million, resulting in a gross margin of 23.7%[51,53] 2025 Guidance - The company reaffirms its 2025 guidance, expecting flat to low single-digit revenue growth, adjusted EBITDA between $470 million and $490 million, and free cash flow between $190 million and $210 million[56]

Company Announcement - Jack Henry & Associates, Inc. will host a live webcast for its fourth quarter and full fiscal year 2025 earnings conference call on August 20, 2025 [1] - The press release for fiscal 2025 earnings will be issued after market close on August 19, 2025 [1] Webcast Details - The live webcast will start at 7:45 a.m. Central (8:45 a.m. Eastern) and can be accessed on the Jack Henry website [2] - Participants are advised to log on 10 minutes prior to the call, with US dial-in number (833) 630-0605 and international number +1 412-317-1830 [2] - An archived replay of the earnings call will be available approximately one hour after the live call [2] Deconversion Revenue - The company will release quarterly deconversion revenue results prior to the earnings results, with the press release scheduled for August 11, 2025 [3] Company Overview - Jack Henry is a financial technology company that connects financial institutions with their clients, serving approximately 7,500 clients [4] - The company has been providing technology solutions for nearly 50 years, focusing on innovation, collaboration, and user-centric services [4]

Broadridge Financial Solutions (BR 6.79%), a leading provider of investor communications and financial technology services, reported its earnings for the fourth quarter of fiscal 2025 on August 5, 2025. Broadridge delivered higher-than-expected non-GAAP earnings per share (EPS) of $3.55 in Q4 FY2025. Non-GAAP earnings per share (EPS) reached $8.55, exceeding analyst expectations of $3.50 for FY2025. GAAP revenue was $2.07 billion in Q4 FY2025, ahead of estimates at $2.06 billion. This marked a healthy perio ...

Core Insights - Fidelity National Information Services (FIS) reported Q2 FY2025 earnings with revenue of $2.60 billion (non-GAAP), exceeding consensus estimates, while adjusted EPS was $1.36, meeting expectations [1][2] - The company experienced a GAAP net loss of $470 million due to a one-time, non-cash tax impact related to the Worldpay asset sale, despite solid revenue growth and stable operating margins [1][9] Financial Performance - Q2 2025 revenue reached $2.62 billion (GAAP), a 5.2% increase year-over-year, with adjusted EBITDA at $1.04 billion, reflecting a 4.8% rise from the previous year [2][5] - Adjusted free cash flow decreased to $292 million, down 42.1% from $504 million in Q2 2024, attributed to working capital timing and transaction-related expenses [2][10] - Recurring revenue constituted approximately 81% of total revenue, with a 6% growth in recurring revenue during Q2 2025 [5][8] Business Overview and Strategy - FIS provides software and processing solutions for banking, payments, and capital markets, serving banks, credit unions, and other financial institutions [3] - The company is focusing on growing recurring revenue through internal product development and strategic transactions, including the planned acquisition of Global Payments' Issuer Solutions [4] Segment Performance - Banking Solutions revenue increased by 6% year-over-year to $1.81 billion, with recurring revenue up 7%, although profitability was impacted by higher bad debt expenses [6] - Capital Market Solutions reported a 6% revenue growth to $765 million, but the adjusted EBITDA margin decreased by 53 basis points to 50.3% due to integration costs from a recent acquisition [7] Future Outlook - Management raised the full-year 2025 revenue growth target to 4.8% to 5.3% and adjusted EPS growth to 10% to 11% following Q2 results [13] - For Q3 2025, projected revenue is between $2.65 billion and $2.67 billion, with adjusted EPS forecasted at $1.46 to $1.50 [13] - The company plans to maintain its shareholder return policy, with dividends expected to grow in line with adjusted EPS [14]

Core Insights - Toast (TOST) reported revenue of $1.55 billion for the quarter ended June 2025, reflecting a year-over-year increase of 24.8% and a surprise of +1.1% over the Zacks Consensus Estimate of $1.53 billion [1] - The company's EPS for the quarter was $0.24, compared to $0.02 in the same quarter last year, aligning with the consensus EPS estimate [1] Financial Performance Metrics - Gross Payment Volume (GPV) reached $49.90 billion, exceeding the four-analyst average estimate of $49.05 billion [4] - Subscription Annualized Recurring Run-Rate was $950 million, slightly above the average estimate of $945.59 million [4] - Total Annualized Recurring Run-Rate (ARR) stood at $1.93 billion, compared to the $1.9 billion average estimate [4] - Revenue from Financial Technology Solutions was $1.28 billion, surpassing the average estimate of $1.26 billion [4] - Revenue from Subscription Services was $227 million, compared to the average estimate of $221.09 million [4] - Revenue from Hardware and Professional Services was $47 million, below the average estimate of $51.74 million [4] Stock Performance - Toast's shares have returned +10% over the past month, outperforming the Zacks S&P 500 composite's +1% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]

Core Insights - Flywire reported revenue of $127.5 million for the quarter ended June 2025, reflecting a year-over-year increase of 27.6% and a surprise of +6.3% over the Zacks Consensus Estimate of $119.95 million [1] - The company's EPS was -$0.09, an improvement from -$0.11 in the same quarter last year, although it fell short of the consensus estimate of -$0.07, resulting in an EPS surprise of -28.57% [1] Financial Performance Metrics - Total Payment Volume reached $5.9 billion, exceeding the average estimate of $5.65 billion from four analysts [4] - Revenue from transactions was $100.6 million, slightly above the estimated $99 million, but showed a year-over-year decline of -3% [4] - Revenue less ancillary services from transactions was $100.5 million, surpassing the average estimate of $95.88 million, marking an 18.1% increase year-over-year [4] - Revenue less ancillary services from platform and other revenues was $27.1 million, exceeding the average estimate of $21.52 million, with a significant year-over-year increase of 83.1% [4] - Revenue from platform and other revenues was $31.3 million, compared to the average estimate of $22.18 million, representing a year-over-year growth of 70.3% [4] Stock Performance - Flywire's shares have returned -13.3% over the past month, contrasting with the Zacks S&P 500 composite's +1% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Fiserv, Inc. common stock between July 24, 2024, and July 22, 2025, of the September 22, 2025, deadline to serve as lead plaintiff in a class action lawsuit [1] Group 1: Class Action Details - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court by September 22, 2025, to serve as lead plaintiff [2] - The Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions [3] Group 2: Allegations Against Fiserv - The lawsuit alleges that Fiserv made false and misleading statements regarding its Clover platform and the forced migration of Payeezy merchants [4] - It is claimed that Clover's revenue growth was artificially inflated due to these forced conversions, masking a slowdown in new merchant business [4] - The lawsuit further alleges that many former Payeezy merchants switched to competitors due to Clover's high pricing and compatibility issues, leading to a significant slowdown in Clover's growth [4]