Fidelity National Information Services (NYSE:FIS), a leading global provider of technology services to financial institutions, today announced financial results for the second quarter of 2007.
Consolidated revenue increased to $1.2 billion, net earnings increased to $148.0 million and net earnings per diluted share totaled $0.75, which includes a $58.0 million, or $0.29 per share, after-tax gain on the sale of Covansys Corporation common stock.
FIS reported revenue growth of 15.1%, adjusted EBITDA growth of 10.9% and adjusted cash earnings per diluted share of $0.59. "We are very pleased with the outstanding second quarter results and the strong contribution from each of our businesses," stated FIS Executive Chairman William P. Foley, II. "We are also very excited about our pending merger with eFunds, which will strengthen our competitive position adding scale, additional product capability, and broader global reach."
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