Financial Performance - Q1 2025 - Adjusted revenue grew by 4%[8, 17] - Adjusted EBITDA margin was 37.8%[8, 17], a decrease of 142 bps[17] - Adjusted EPS increased by 11% to $1.21[8, 17] - Adjusted Free Cash Flow was $368 million, representing a 71% conversion rate[18] Capital Allocation - $670 million was returned to shareholders in Q1 2025, including $450 million in share buybacks[8] - The company is confident in achieving its full-year (FY) free cash flow target[8] Segment Performance - Q1 2025 - Banking Solutions revenue grew by 3%, with recurring revenue up by 2%[20] - Capital Markets revenue grew by 6%, with recurring revenue up by 9%[20] - Banking Solutions adjusted EBITDA margin was 40.1%, a decrease of 379 bps[20] - Capital Markets adjusted EBITDA margin was 48.3%, an increase of 90 bps[20] FY 2025 Outlook (Reaffirmed) - Revenue is projected to be between $10.435 billion and $10.495 billion, representing adjusted revenue growth of 4.6% to 5.2%[21] - Adjusted EBITDA is expected to be between $4.305 billion and $4.335 billion, with a margin of approximately 41.3%[21] - Adjusted EPS is projected to be between $5.70 and $5.80, representing growth of 9% to 11%[21] Q2 2025 Outlook - Revenue is projected to be between $2.560 billion and $2.585 billion, representing adjusted revenue growth of 4.2% to 5.0%[21] - Adjusted EBITDA is expected to be between $1.020 billion and $1.035 billion, with a margin of 39.8% to 40.0%[21] - Adjusted EPS is projected to be between $1.34 and $1.38[21]
Fidelity National Information Services(FIS) - 2025 Q1 - Earnings Call Presentation