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Short Take: Fiserv matches estimates for second quarter

Information management firm Fiserv reported earnings in line with Wall Street estimates. The company earned $34.3 million, or 27 cents per share, from $28.6 million, or 22 cents a year ago. Revenue increased 10 percent to $343.3 million, from $311.2 million in the similar quarter last year. Fiserv reiterated its goal for earnings-per-share growth of 18 percent to 20 percent for the year, and said its cash flow prospects remained strong.

Information management firm Fiserv reported earnings in line with Wall Street estimates. The company earned $34.3 million, or 27 cents per share, from $28.6 million, or 22 cents a year ago. Revenue increased 10 percent to $343.3 million, from $311.2 million in the similar quarter last year. Fiserv reiterated its goal for earnings-per-share growth of 18 percent to 20 percent for the year, and said its cash flow prospects remained strong.