Fiserv Takes $6.45B Charge as Margins Shrink: Rapid Earnings Reaction

Fiserv reported a $6.45 billion non-cash goodwill write-down in Q3, resulting in a GAAP loss of $11.17 per share. Adjusted earnings fell to $1.75 from $2.04 while organic revenue remained flat, with the Merchant Solutions segment driving most of the operating profit decline. The company maintained full-year guidance but faces pressure as costs rise while sales stall, requiring a strong fourth quarter to meet targets.