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Fiserv shares surge nearly 13% following Q3 earnings release

The Motley Fool +1 · ·by G4L

FISV Fiserv Inc
$61.53 -3.72%
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  1. 1Investors bought shares on Tuesday, driving Fiserv's stock price up nearly 13%.
  2. 2Fiserv reported Q3 revenue (non-GAAP) of $4.85 billion, a 1% decrease compared to the same period last year.
  3. 3Fiserv reported Q3 adjusted net income of $936 million, a 15% decrease.

So what's the key point?

Fiserv released its third-quarter results, reporting revenue of $4.85 billion. Following this news, investors bought the stock, causing the share price to rise nearly 13%.

Source The Motley Fool +1 · View original ↗

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