Fintech payments firm Fiserv reported Q3 earnings of $2.04 per share—well below analyst expectations—and missed revenue forecasts, prompting a nearly 41 % plunge in its share price. The company revised its full-year revenue growth outlook down to between 3.5 % and 4 % (from 10 %) and lowered expected EPS to $8.50–$8.60 (from $10.15–$10.30). In response, Fiserv announced major leadership changes—including a new CFO, co-presidents and board refresh—and plans to relist its stock on Nasdaq.
Fiserv Shares Plunge 40% After Earnings Miss and Leadership Shake-Up
