July 31, 2013

Fiserv reports revenue, adjusted earnings increase for 2Q

Fiserv Inc. reported increased revenue and adjusted earnings for the second quarter in a news release Tuesday.

The Brookfield financial technology firm (NASDAQ: FISV) reported revenue of $1.2 billion for the quarter ending June 30, up from $1.09 billion in the same quarter last year. Adjusted revenue, accounting for Fiservâ;€™s acquisition of Open Solutions Inc., was $1.14 billion, up from $1.02 billion last year.

Net income was $151 million, or $1.13 per share, down from $161 million, or $1.17â;€¦;

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