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home / news releases / FIS - Fidelity National: Too Many Unknowns For Now I'll Be Patient


FIS - Fidelity National: Too Many Unknowns For Now I'll Be Patient

2024-01-31 07:25:04 ET

Summary

  • Fidelity National Information Services has seen a decline in performance and profitability, with one-off charges impacting its GAAP profitability.
  • The company has a significant amount of debt, which may deter some investors, but it is manageable for now.
  • FIS is undergoing a spin-off and will focus on its banking solutions and capital markets solutions segments, which may have better growth prospects.

Investment Thesis

For further details see:

Fidelity National: Too Many Unknowns, For Now, I'll Be Patient
Stock Information

Company Name: Fidelity National Information Services Inc.
Stock Symbol: FIS
Market: NYSE
Website: fisglobal.com

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