Discontinued — last reported Q2 '23
Business Segments · Foreign currency adjustments
Merchant Solutions — Foreign currency adjustments
Fidelity National Information Services Merchant Solutions — Foreign currency adjustments decreased by 32.5% to $83.00M in Q2 2023 compared to the prior quarter. Year-over-year, this metric grew by 109.3%, from -$890.00M to $83.00M.
Analysis
StatementSegment
CategoryOther
SignalContext dependent
VolatilityVolatile
First reportedQ1 2020
Last reportedQ2 2023
How to read this metric
Negative adjustments indicate a headwind from a strengthening reporting currency, while positive adjustments indicate a tailwind.
Detailed definition
The impact of fluctuations in exchange rates on the financial results of the merchant solutions segment, which operates...
Peer comparison
Standard for multinational financial technology firms with global operations.
Metric ID:
fis_segment_merchant_solutions_foreign_currency_adjustmentsHistorical Data
6 periods
| Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | |
|---|---|---|---|---|---|---|
| Value | -$355.00M | -$323.00M | -$890.00M | -$895.00M | $123.00M | $83.00M |
| QoQ Change | — | +9.0% | -175.5% | -0.6% | +113.7% | -32.5% |
| YoY Change | — | — | — | -152.1% | +138.1% | +109.3% |
Range-$895.00M – $123.00M
CAGR-68.7%
Avg YoY Growth+31.8%
Median YoY Growth+109.3%
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Frequently Asked Questions
- What is Fidelity National Information Services's merchant solutions — foreign currency adjustments?
- Fidelity National Information Services (FIS) reported merchant solutions — foreign currency adjustments of $83.00M in Q2 2023.
- How has Fidelity National Information Services's merchant solutions — foreign currency adjustments changed year-over-year?
- Fidelity National Information Services's merchant solutions — foreign currency adjustments increased by 109.3% year-over-year, from -$890.00M to $83.00M.
- What does merchant solutions — foreign currency adjustments mean?
- The financial impact caused by changes in currency exchange rates on the segment's results.