🔴 Fidelity Information Services is trading 11.6% down in pre-market after core Banking Solutions growth missed analyst targets

Fidelity Information Services is trading at $34.47, down 11.59%, after Q3 results showed core Banking Solutions growth slightly below analyst targets.

• Reported November 4, Q3 adjusted revenue grew 29%, largely from acquisitions; adjusted EPS matched expectations.
• Core Banking Solutions pro forma growth was 3.9%, tempering the headline revenue picture.
• Investing.com also reported EPS and revenue in line with estimates; the decline contrasts with broader software strength.