Fidelity National Information Services Inc
For the period ended Jun 30, 2024. Filed Aug 6, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 6, 2024
FIS$28.31-0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Earnings (Loss)
| Three months ended June 30, | Six months ended June 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Revenue | $2,489 | $2,424 | $4,957 | $4,821 |
| Cost of revenue | 1,538 | 1,519 | 3,091 | 3,086 |
| Gross profit | 951 | 905 | 1,866 | 1,735 |
| Selling, general, and administrative expenses | 609 | 553 | 1,182 | 1,073 |
| Asset impairments | 4 | 1 | 18 | 1 |
| Other operating (income) expense, net - related party | (40) | — | (73) | — |
| Operating income (loss) | 378 | 351 | 739 | 661 |
| Other income (expense): | ||||
| Interest expense, net | (43) | (160) | (120) | (302) |
| Other income (expense), net | (13) | (77) | (167) | (113) |
| Total other income (expense), net | (56) | (237) | (287) | (415) |
| Earnings (loss) before income taxes and equity method investment earnings (loss) | 322 | 114 | 452 | 246 |
| Provision (benefit) for income taxes | 89 | 29 | 116 | 65 |
| Equity method investment earnings (loss), net of tax | 10 | — | (76) | — |
| Net earnings (loss) from continuing operations | 243 | 85 | 260 | 181 |
| Earnings (loss) from discontinued operations, net of tax | 1 | (6,679) | 709 | (6,634) |
| Net earnings (loss) | 244 | (6,594) | 969 | (6,453) |
| Net (earnings) loss attributable to noncontrolling interest from continuing operations | (1) | (1) | (1) | (1) |
| Net (earnings) loss attributable to noncontrolling interest from discontinued operations | — | (1) | — | (2) |
| Net earnings (loss) attributable to FIS common stockholders | $243 | $(6,596) | $968 | $(6,456) |
| Net earnings (loss) attributable to FIS: | ||||
| Continuing operations | $242 | $84 | $259 | $180 |
| Discontinued operations | 1 | (6,680) | 709 | (6,636) |
| Total | $243 | $(6,596) | $968 | $(6,456) |
| Basic earnings (loss) per common share attributable to FIS: | ||||
| Continuing operations | $0.44 | $0.14 | $0.46 | $0.30 |
| Discontinued operations | — | (11.28) | 1.25 | (11.21) |
| Total | $0.44 | $(11.14) | $1.71 | $(10.91) |
| Diluted earnings (loss) per common share attributable to FIS: | ||||
| Continuing operations | $0.43 | $0.14 | $0.46 | $0.30 |
| Discontinued operations | — | (11.28) | 1.25 | (11.21) |
| Total | $0.44 | $(11.14) | $1.71 | $(10.91) |
| Weighted average common shares outstanding: | ||||
| Basic | 554 | 592 | 565 | 592 |
| Diluted | 557 | 592 | 567 | 592 |
Amounts in table may not sum or calculate due to rounding.
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