Fiserv cuts annual revenue forecast as merchant arm growth slows, shares slump
29/10/2025 11:22
Oct 29 (Reuters) - Fiserv FI.N lowered its annual revenue forecast for the second consecutive quarter on Wednesday, as the payments firm grapples with slowing growth in its merchant business. Shares of the Milwaukee, Wisconsin-based company plunged 27% in premarket trading. The stock has fallen nearly 39% this year as of last close. (Reporting by Arasu Kannagi Basil in Bengaluru; Editing by Pooja Desai) ((ArasuKannagi.Basil@thomsonreuters.com))