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Posted by
Two Blokes Apr 24 -
Filed in
Stock
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Fiserv, Inc.'s Q1 results were mixed, with a revenue miss and a modest EPS beat driven by lower costs, leading to a 15% stock drop. Clover's 27% revenue growth was strong, but volume growth was disappointing, indicating a potential deceleration in penetration and slowing ahead. Fiserv's margin expansion appears to be nearing its end, especially in merchant solutions, and revenue growth is at risk if the economy weakens.
