Discontinued — last reported Q3 '24

Business Segments · Goodwill Foreign Currency Translation Gain Loss

Banking Solutions — Goodwill Foreign Currency Translation Gain Loss

Fidelity National Information Services Banking Solutions — Goodwill Foreign Currency Translation Gain Loss increased by 733.3% to $19.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 246.2%, from -$13.00M to $19.00M.

Analysis

StatementSegment
CategoryRisk
SignalContext dependent
VolatilityVolatile
First reportedQ1 2020
Last reportedQ3 2024

How to read this metric

Fluctuations reflect macroeconomic currency trends rather than operational success or failure within the segment.

Detailed definition

This metric tracks the impact of fluctuations in foreign exchange rates on the valuation of goodwill denominated in curr...

Peer comparison

Common for multinational corporations with significant international operations and cross-border acquisitions.

Metric ID: fis_segment_banking_solutions_goodwill_foreign_currency_translation_gain_loss

Historical Data

10 periods
 Q3 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24
Value-$14.00M-$7.00M-$30.00M-$29.00M$8.00M$1.00M-$13.00M-$11.00M-$3.00M$19.00M
QoQ Change+50.0%-328.6%+3.3%+127.6%-87.5%<-999%+15.4%+72.7%+733.3%
YoY Change-107.1%+214.3%+103.3%+55.2%-237.5%-400.0%+246.2%
Range-$30.00M$19.00M
CAGR+14.5%
Avg YoY Growth-18.0%
Median YoY Growth+55.2%
Current Streak3 quarters growth

Frequently Asked Questions

What is Fidelity National Information Services's banking solutions — goodwill foreign currency translation gain loss?
Fidelity National Information Services (FIS) reported banking solutions — goodwill foreign currency translation gain loss of $19.00M in Q3 2024.
How has Fidelity National Information Services's banking solutions — goodwill foreign currency translation gain loss changed year-over-year?
Fidelity National Information Services's banking solutions — goodwill foreign currency translation gain loss increased by 246.2% year-over-year, from -$13.00M to $19.00M.
What does banking solutions — goodwill foreign currency translation gain loss mean?
The change in the value of goodwill caused by shifts in foreign currency exchange rates.