Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, reported financial results for the fourth quarter and full year 2020.
Free cash flow increased 7% to $1.05 billion in the quarter and 11% to $3.65 billion for the full year.
On an adjusted non-GAAP basis, the company’s financial performance measures in this news release, including adjusted revenue, internal revenue, internal revenue growth, adjusted operating margin, adjusted net income, adjusted earnings per share and free cash flow, have been recalculated to provide full year 2019 results on a combined company basis to enhance investors’ ability to evaluate the company’s operating performance including First Data.
Fourth quarter free cash flow of $1.05 billion increased by 7% compared to the prior year period and full year free cash flow of $3.65 billion increased by 11% compared to the prior year period.
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