LOGIN
REGISTER
NEWSLETTER
RSS
SOFTWARE INDUSTRY NEWS |
Fiserv reports 2010 first quarter results |
|
|
Financial services tech company Fiserv has reported its financial results for the first quarter of 2010. Total revenue in the first quarter of 2010 was $1.01 billion. Total adjusted revenue decreased 1 percent to $954 million in the first quarter compared with $968 million in 2009. Earnings per share was $0.80. Total GAAP earnings per share, including discontinued operations, was $0.79. Adjusted earnings per share from continuing operations increased 6 percent to $0.95 as compared with $0.90 in the first quarter of 2009. The decrease in revenue, Fiserv said, was because of a decrease in project revenue in the company’s Output Solutions division, lower license and consulting revenue, and volume declines in check processing. Adjusted operating margin declined 20 basis points to 28.9 percent as compared to the first quarter of 2009. The company said the dip was mainly on account of decreases in higher margin revenue and planned investments in new products. Adjusted operating margin in the quarter increased 80 basis points sequentially. Free cash flow increased 15 percent over the prior year period to a record quarterly level of $225 million. The company's board authorized an additional five million shared to be repurchased from its common stock. More information on the company's first quarter financial results can be found in its statement. |
LISTS AND RESEARCH
-
Global Software Top 100 - Edition 2011
- The Global Software Top 100 is a list of the world's largest software companies, ranked by annual software revenues. The list is based upon revenue information of 10,000+ IT companies worldwide.
-
Software industry trends (2011)
- This research article (accompanying the Global Software Top 100) describes changes in the software industry playing field. It analyses trends and key players and forecasts future developments.
- Top hardware companies
- A list of the world's largest hardware companies.
- What happens in the hardware industry?
- Trends and analysis of the hardware industry and its key players.
- Top IT services companies
- A list of the world's largest IT services companies, ranked by annual services revenues. This link will take you to www.servicestop100.org.
- IT services companies: healthy growth
- What is happening in the IT services industry? Read this research publication to find out about trends and key players in the IT services industry.
- Top gaming companies (2010)
- Entertainment is good business, and gaming software companies are growing faster than the rest of the software industry. This research article discusses trends and key players in the gaming business.
- Top ERP companies
- A research publication about the world's leading players in enterprise software.
- Top security software companies
- A research publication discussing the world's leading publishers of security software: antivirus-, spamfiltering-, intrusion detection- and firewall software.
- The fastest growing software companies
- This research publication reveals the fastest growing software companies in the world.
-
CRM companies: a short list
- A short list of the leading software companies selling Customer Relationship Management software; aimed at IT managers looking to purchase CRM software.
- Top software companies in the US (2010)
- A list of the largest software companies in the United States, ranked by annual software revenues. 2010 Edition, posted 15 December 2010.
- U.S. software industry trends (2010)
- A research publication discussing the trends and the key players in the software industry in the United States. Posted 15 December 2010.
- Top companies in the world (not just software)
- A general list of the largest companies in the world, ranked by revenues. Not just software companies; in fact, there are no software companies in it...
- Top IT companies
- A list of the largest IT companies in the world, ranked by annual revenues. Includes hardware, software and services.
