Fiserv Reports $6.45B Charge, Turning Q3 Earnings into Loss

• Fiserv (NASDAQ: FISV) reported a $6.45 billion non-cash goodwill write-down.
• Third-quarter GAAP earnings turned into a loss of $11.17 per share.
• Shares rose about 10% in pre-market trading.
• Organic revenue was flat, and adjusted earnings fell to $1.75 from $2.04.
• Fiserv affirmed full-year guidance, needing a clear revenue turn in the future.