FIS® (NYSE: FIS) a global leader in financial services technology, today reported its second quarter 2022 results.
“I’m very pleased with the strong financial results we delivered this quarter,” said Gary Norcross, FIS Chairman and Chief Executive Officer. “These results are a testament to the value we bring to our clients by executing our business strategy, investing for growth and bringing innovative and end-to-end offerings to market. In an uncertain macro environment, the durability of our financial model is also a significant advantage for FIS. We reduced our leverage to 2.9 times, and our robust free cash flow allowed us to return approximately $600 million in capital to shareholders during the second quarter through share repurchase and dividends.”