GAAP revenue for the company was $5.20 billion in the third quarter of 2026, a decrease of 1% compared to the third quarter of 2025. GAAP revenue decreased 3% in the Merchant Solutions segment and was flat in the Financial Solutions segment in the third quarter of 2026 compared to the prior year period. GAAP revenue for the company was $15.52 billion in the first nine months of 2026, a decrease of 2% compared to the first nine months of 2025. GAAP revenue decreased 1% in the Merchant Solutions segment and 4% in the Financial Solutions segment in the first nine months of 2026 compared to the prior year period. GAAP loss per share was $(11.17) in the third quarter and $(8.90) in the first nine months of 2026. The company recorded a non-cash goodwill impairment charge of $6.45 billion in the third quarter of 2026.
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The rumor this time.... Layoffs happening in January just before stock options vest
@a9 impacted employee here from the Sept round, regardless of the numbers, heads will still roll come thanksgiving.
It's an annual tradition to layoff during the holidays.
@a8 means Fiserv is acknowledging that some businesses it previously acquired are no longer worth as much as the company had recorded on its books. It is NOT not actually paying out $6.45 billion in cash today. It is reducing the accounting value of assets associated with previous acquisitions.
If you work here you already know layoffs were coming, regardless of results.
What does the "non-cash goodwill impairment charge" mean in layman's terms?
But let’s buy back $500M in stock… only care about the stock price and. It the people.
Also adding exBlack Rock employees to the board. Fantastic (in sarcastic tone)