8-KOther Events

FISERV INC 8-K Report (Apr 1, 2003)

Filed April 1, 2003For Securities:FISV

Summary

Fiserv, Inc. (FISV) filed a Form 8-K on April 1, 2003, reporting on events that occurred on March 31, 2003. The primary disclosure relates to the company's announcement of a one-time loss and a one-time gain recognized in the first quarter of 2003. This filing is important for investors to understand the nature and impact of these non-recurring financial events on the company's reported earnings for the period. The press release, filed as an exhibit, provides the details of these one-time items. Investors should review this press release to understand the specific nature of the loss and gain, their magnitude, and how they affect Fiserv's underlying operational performance and financial position. This information is crucial for assessing the true profitability and financial health of the company beyond the headline figures.

Key Highlights

  • 1Fiserv, Inc. announced a one-time loss and a one-time gain in Q1 2003.
  • 2The company filed a Form 8-K on April 1, 2003, reporting these events.
  • 3The details of the one-time financial events are contained in a press release dated March 31, 2003.
  • 4This press release is incorporated by reference into the 8-K filing.
  • 5The filing is made under Item 5 (Other Events and Regulation FD Disclosure) and Item 7 (Exhibits).
  • 6Kenneth R. Jensen, Senior Executive Vice President, CFO, Treasurer, and Assistant Secretary, signed the report.
  • 7The disclosure is intended to inform investors about non-recurring items impacting Q1 2003 results.

Frequently Asked Questions

The main purpose of this 8-K filing is to disclose that Fiserv, Inc. recognized a one-time loss and a one-time gain during the first quarter of 2003. The details are provided in an accompanying press release.

More information about the specific nature and impact of the one-time loss and gain can be found in the press release dated March 31, 2003, which is filed as Exhibit 99 to this 8-K and is incorporated by reference.

No, the filing explicitly refers to them as 'one-time' items, indicating they are not part of the company's recurring operational activities. Investors should analyze these items separately from ongoing business performance.

Kenneth R. Jensen is identified as the Senior Executive Vice President, Chief Financial Officer, Treasurer, and Assistant Secretary of Fiserv, Inc. He is authorized to sign this report on behalf of the company.