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Proprietary Report with Analysis on Fiserv Payments-Related Performance.

Report Summary:

WI-based Fiserv gross revenue posted up mid single-digits year-on-year (YOY) in first quarter (1Q/17). However, net income declined, impacted by the previous sale of StoneRiver, and slightly rising expenses.

Fiserv posted gross revenue of $1394 million for the first quarter, a 5.6% YOY gain, compared to $1431 million for the prior quarter, and $1331 million for the year ago quarter.

Adjusted revenue increased . . . .