8-KEarnings & ResultsExhibits & Filings

Fidelity National Information Services, Inc. 8-K Report, Financial Results (Nov 5, 2019)

Filed November 5, 2019For Securities:FIS

Summary

Fidelity National Information Services (FIS) filed an 8-K on November 5, 2019, to announce its financial results for the third quarter and the nine months ended September 30, 2019, and to provide guidance for the fourth quarter and full year 2019. A key development highlighted is the completion of the Worldpay, Inc. acquisition on July 31, 2019. Consequently, Worldpay's financial results are consolidated into FIS's statements from that date forward, significantly impacting the reported figures and future outlook. Investors should note that this filing primarily consists of a press release regarding the company's performance and outlook, with Worldpay's integration being a central theme. While specific financial metrics are not detailed within the 8-K text itself, the press release (Exhibit 99.1) likely contains this crucial information and guidance. The acquisition's impact on revenue, profitability, and the company's strategic direction is paramount for evaluating FIS's current financial health and future prospects.

Key Highlights

  • 1Announcement of Q3 2019 and Year-to-Date financial results.
  • 2Provision of financial guidance for Q4 2019 and the full year 2019.
  • 3Confirmation of the completion of the Worldpay, Inc. acquisition on July 31, 2019.
  • 4Inclusion of Worldpay's results in FIS's consolidated financial statements from the acquisition date onwards.
  • 5Furnishing of a press release (Exhibit 99.1) containing detailed financial results and guidance.
  • 6The filing is furnished and not deemed 'filed' for certain SEC provisions, limiting its liability implications under Section 18 of the Exchange Act.

Frequently Asked Questions

The main purpose of this 8-K filing is to announce Fidelity National Information Services, Inc.'s (FIS) financial results for the third quarter and the first nine months of 2019, and to provide financial guidance for the fourth quarter and the full year 2019.

The Worldpay acquisition, completed on July 31, 2019, means that Worldpay's financial results, operations, and financial position are now included in FIS's consolidated financial statements from the acquisition date forward. This integration will significantly impact reported revenues and expenses.

The specific financial results for the quarter and nine months ended September 30, 2019, along with the guidance for the fourth quarter and full year 2019, are detailed in the press release furnished as Exhibit 99.1 to this 8-K filing. This exhibit should be reviewed for detailed financial performance data.

The filing being 'furnished' under Item 2.02 means that, while the information is publicly disclosed, it is not subject to the liabilities of Section 18 of the Securities Exchange Act of 1934, nor is it automatically incorporated into other SEC filings. This is standard practice for earnings releases and limits the company's liability related to this specific disclosure.