{"id":245666,"date":"2026-05-14T05:20:00","date_gmt":"2026-05-14T09:20:00","guid":{"rendered":"https:\/\/news-you-need.com\/index.php\/2026\/05\/14\/fis-touts-technology-as-earnings-rise\/"},"modified":"2026-05-14T05:50:13","modified_gmt":"2026-05-14T09:50:13","slug":"fis-touts-technology-as-earnings-rise","status":"publish","type":"post","link":"https:\/\/news-you-need.com\/index.php\/2026\/05\/14\/fis-touts-technology-as-earnings-rise\/","title":{"rendered":"FIS touts technology as earnings rise"},"content":{"rendered":"<p><a href=\"https:\/\/www.jaxdailyrecord.com\/news\/2026\/may\/14\/fis-touts-technology-as-earnings-rise\/\">FIS touts technology as earnings rise<\/a><\/p>\n<p><a href=\"https:\/\/www.jaxdailyrecord.com\/news\/2026\/may\/14\/fis-touts-technology-as-earnings-rise\/\">https:\/\/www.jaxdailyrecord.com\/news\/2026\/may\/14\/fis-touts-technology-as-earnings-rise\/<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-05-14 05:20:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.jaxdailyrecord.com\">www.jaxdailyrecord.com<\/a><\/p>\n<p id=\"h947691-p1\" class=\"permalinkable\">After several sluggish years, Fidelity National Information Services Inc., or FIS, is touting several technological innovations to increase profitability, including a partnership with artificial intelligence giant Anthropic.<\/p>\n<p id=\"h947691-p2\" class=\"permalinkable\">\u201cThe most important innovations in financial technology right now, AI, digital currency, data, are all running through FIS,\u201d CEO Stephanie Ferris said in a May 8 conference call.<\/p>\n<p>Stephanie Ferris<\/p>\n<p id=\"h947691-p3\" class=\"permalinkable\">The Jacksonville-based financial technology company reported first-quarter adjusted earnings rose 10% to $705 million, or $1.36 a share, with revenue rising 30% to $3.3 billion.<\/p>\n<p id=\"h947691-p4\" class=\"permalinkable\">\u201cWhat you\u2019re seeing in our first quarter of 2026 will translate into durable, predictable revenue growth and margin expansion in the quarters ahead,\u201d Ferris said.<\/p>\n<p id=\"h947691-p5\" class=\"permalinkable\">Three days before the earnings report, FIS announced its partnership with Anthropic to develop AI technology to help banks detect financial crimes.<\/p>\n<p id=\"h947691-p6\" class=\"permalinkable\">However, FIS isn\u2019t giving any financial projections for the partnership.<\/p>\n<p id=\"h947691-p7\" class=\"permalinkable\">\u201cWe would expect to see revenue come forward as we deploy those agents into the market in 2026, but we\u2019d expect to see revenue really take shape in 2027. Nothing in the guide currently,\u201d Ferris said.<\/p>\n<p id=\"h947691-p8\" class=\"permalinkable\">FIS\u2019 earnings were higher than analysts\u2019 forecasts of $1.26 to $1.30 a share, J.P. Morgan analyst Tien-tsin Huang said in a research note.<\/p>\n<p id=\"h947691-p9\" class=\"permalinkable\">Despite the earnings beat, FIS\u2019 stock dropped $3.76 to $43.49 on May 8 after the report.<\/p>\n<p id=\"h947691-p10\" class=\"permalinkable\">\u201cWe attribute the reaction to a mixed 2Q outlook that was modestly light on profitability, a key investor watch item given FIS\u2019s uneven track record on margins,\u201d said Huang, who maintained an \u201coverweight\u201d rating on the stock.<\/p>\n<p id=\"h947691-p11\" class=\"permalinkable\">\u201cWe think shares deserve better on a solid 1Q,\u201d said Wells Fargo analyst Jason Kupferberg in his note.<\/p>\n<p id=\"h947691-p12\" class=\"permalinkable\">Kupferberg also has an \u201coverweight\u201d rating.<\/p>\n<p id=\"h947691-p13\" class=\"permalinkable\">\u201cFIS delivered and guided to continued expectations for about 5% organic Banking revenue&#8230;<\/p>\n<p><a href=\"https:\/\/www.jaxdailyrecord.com\/news\/2026\/may\/14\/fis-touts-technology-as-earnings-rise\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FIS touts technology as earnings rise https:\/\/www.jaxdailyrecord.com\/news\/2026\/may\/14\/fis-touts-technology-as-earnings-rise\/ Publish Date: 2026-05-14 05:20:00 Source Domain: www.jaxdailyrecord.com After&#8230;<\/p>\n","protected":false},"author":1,"featured_media":245667,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/media.yourobserver.com\/img\/photos\/2026\/05\/13\/basch-art2_r1080x720.jpg?a5a8e335434cfe3a93dc299de6ea435221e0bf0d","fifu_image_alt":"","footnotes":""},"categories":[8],"tags":[],"class_list":["post-245666","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/245666"}],"collection":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=245666"}],"version-history":[{"count":1,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/245666\/revisions"}],"predecessor-version":[{"id":245668,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/245666\/revisions\/245668"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/245667"}],"wp:attachment":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=245666"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=245666"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=245666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}