FIS Files 10-Q for Q3 2024

Ticker: FIS · Form: 10-Q · Filed: Nov 4, 2024 · CIK: 1136893

Fidelity National Information Services, Inc. 10-Q Filing Summary
FieldDetail
CompanyFidelity National Information Services, Inc. (FIS)
Form Type10-Q
Filed DateNov 4, 2024
Risk Levellow
Pages17
Reading Time20 min
Key Dollar Amounts$0.01
Sentimentneutral

Sentiment: neutral

Topics: 10-Q, financials, reporting

Related Tickers: FIS

TL;DR

**FIS 10-Q filed for Q3 2024. All systems go.**

AI Summary

Fidelity National Information Services, Inc. (FIS) filed its 10-Q for the quarterly period ended September 30, 2024. The report details its financial performance and ongoing operations. FIS is incorporated in Georgia and its common stock trades on the New York Stock Exchange under the symbol FIS.

Why It Matters

This filing provides investors with an update on Fidelity National Information Services' financial health and operational status for the third quarter of 2024.

Risk Assessment

Risk Level: low — This is a standard quarterly financial filing and does not inherently present new risks.

Key Numbers

  • 0.01 — Par Value per Share (Common Stock)

Key Players & Entities

  • Fidelity National Information Services, Inc. (company) — Registrant
  • FIS (company) — Common Stock Symbol
  • September 30, 2024 (date) — Quarterly period end date
  • New York Stock Exchange (company) — Exchange for FIS common stock

FAQ

What is the commission file number for Fidelity National Information Services, Inc.?

The commission file number for Fidelity National Information Services, Inc. is 001-16427.

In which state is Fidelity National Information Services, Inc. incorporated?

Fidelity National Information Services, Inc. is incorporated in Georgia.

What is the ticker symbol for Fidelity National Information Services, Inc. common stock?

The ticker symbol for Fidelity National Information Services, Inc. common stock is FIS.

On which exchange is Fidelity National Information Services, Inc. common stock traded?

Fidelity National Information Services, Inc. common stock is traded on the New York Stock Exchange.

What is the principal executive office address for Fidelity National Information Services, Inc.?

The principal executive office address for Fidelity National Information Services, Inc. is 347 Riverside Avenue, Jacksonville, Florida 32202.

Filing Stats: 4,963 words · 20 min read · ~17 pages · Grade level 17.8 · Accepted 2024-11-04 16:32:41

Key Financial Figures

  • $0.01 — ich registered Common Stock, par value $0.01 per share FIS New York Stock Exchange

Filing Documents

: FINANCIAL INFORMATION

Part I: FINANCIAL INFORMATION

Condensed Consolidated Financial Statements (Unaudited)

Item 1. Condensed Consolidated Financial Statements (Unaudited) Condensed Consolidated Balance Sheets 2 Condensed Consolidated Statements of Earnings (Loss) 3 Condensed Consolidated Statements of Comprehensive Earnings (Loss) 4 Condensed Consolidated Statements of Equity 5 Condensed Consolidated Statements of Cash Flows 7 Notes to Condensed Consolidated Financial Statements 8

Management ' s Discussion and Analysis of Financial Condition and Results of Operations

Item 2. Management ' s Discussion and Analysis of Financial Condition and Results of Operations 34

Quantitative and Qualitative Disclosure About Market Risks

Item 3. Quantitative and Qualitative Disclosure About Market Risks 46

Controls and Procedures

Item 4. Controls and Procedures 47

: OTHER INFORMATION

Part II: OTHER INFORMATION

Risk Factors

Item 1A. Risk Factors 48

Unregistered Sales of Equity Securities and Use of Proceeds

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 48

Other Information

Item 5. Other Information 48

Exhibits

Item 6. Exhibits 49

Signatures

Signatures 52 1 FIDELITY NATIONAL INFORMATION SERVICES, INC. AND SUBSIDIARIES Condensed Consolidated Balance Sheets (In millions, except per share amounts) (Unaudited) September 30, 2024 December 31, 2023 ASSETS Current assets: Cash and cash equivalents $ 1,323 $ 440 Settlement assets 736 617 Trade receivables, net of allowance for credit losses of $ 43 and $ 31 , respectively 1,841 1,738 Other receivables 147 109 Receivable from related party 88 — Prepaid expenses and other current assets 621 641 Current assets held for sale 1,314 10,111 Total current assets 6,070 13,656 Property and equipment, net 620 695 Goodwill 17,050 16,971 Intangible assets, net 1,400 1,823 Software, net 2,229 2,115 Equity method investment 4,133 — Other noncurrent assets 1,644 1,528 Deferred contract costs, net 1,184 1,076 Noncurrent assets held for sale 17 17,109 Total assets $ 34,347 $ 54,973 LIABILITIES AND EQUITY Current liabilities: Accounts payable, accrued and other liabilities $ 1,861 $ 1,773 Settlement payables 750 635 Deferred revenue 839 829 Short-term borrowings 112 4,760 Current portion of long-term debt 317 1,348 Current liabilities held for sale 1,263 8,884 Total current liabilities 5,142 18,229 Long-term debt, excluding current portion 10,491 12,970 Deferred income taxes 717 2,179 Other noncurrent liabilities 1,426 1,446 Noncurrent liabilities held for sale — 1,093 Total liabilities 17,776 35,917 Equity: FIS stockholders' equity: Preferred stock $ 0.01 par value; 200 shares authorized, none issued and outstanding as of September 30, 2024, and December 31, 2023 — — Common stock $ 0.01 par value, 750 shares authorized, 633 and 631 shares issued as of September 30, 2024, and December 31, 2023, respectively 6 6 Additional paid in capital 47,080 46,934 (Accumulated deficit) retained earnings ( 22,343 ) ( 22,906 ) Accumulated other comprehensive earnings (loss) ( 387 ) ( 260 ) Treasury stock, $ 0.01 par value, 90 and 48 common

View Full Filing

View this 10-Q filing on SEC EDGAR

View on ReadTheFiling | About | Contact | Privacy | Terms

Data from SEC EDGAR. Not affiliated with the SEC. Not investment advice. © 2026 OpenDataHQ.