💳Fiserv: Opportunity in Brutal Selloff ?

💳Fiserv: Opportunity in Brutal Selloff ?

TLDR; Federal lawsuit alleges inflated growth metrics and forced Payeezy-to-Clover migrations. Full-year EPS guidance slashed from $10.30 to $8.60 (16.4% cut). Slowing growth in the Clover payments platform, a key business unit. Not all debt is bad debt : $4.1B is receivables - do need to keep an eye on upcoming Qtrs. Buying back significant amount ... Read more
SoFi

🏦SoFi: Delivered, Once Again!

SoFi TLDR; $689M Revenue +30% $61M Net Income +123% Inflecting Profitability Supreme Financial Services Growth Amazing Member and Products Growth Reasonable Valuation SoFi Q3 FY24 Results: Membership Growth: 750,000 new members added, reaching 9.4M (35% YoY growth). Product Expansion: 1.1M new products added, totaling 13.7M (31% YoY growth). Tech Revenue: 14% YoY growth, contributing $30M ... Read more