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Fis News Release FIS Reports First Quarter 2021 Results Strong results and exceptional new sales performance across all operating segments drive increased outlook for full - year 2021 Increased revenue synergy targets as ramping volumes , cross - selling execution and continued geographic expansion accelerated first quarter synergy achievement JACKSONVILLE Fla . , May 6 , 2021 - FIS ™ M ( NYSE : FIS ) , a global leader in financial services technology , today reported its first quarter 2021 results . " FIS is off to a very strong start to the year , exceeding our expectations and increasing our outlook for the rest of the year , " said Gary Norcross , FIS chairman and chief executive officer . " Our continued focus on innovation and transformation is enabling our clients to modernize their environments and engage with their customers in dynamic new ways . I'm pleased that our unique value propositions will enable FIS to continue accelerating revenue growth and driving shareholder value as we advance how the world pays , banks and invests . " First Quarter 2021 On a GAAP basis , consolidated revenue increased 5 % to $ 3,223 million . Net earnings ( loss ) attributable to common stockholders was $ ( 373 ) million or $ ( 0.60 ) per diluted share , which includes expense of approximately $ 528 million related to our recent debt refinancing . On an organic basis , revenue increased 4 % as growth accelerated across all three operating segments . Adjusted EBITDA margin expanded by 10 basis points ( bps ) over the prior year period to 40.6 % as the operating segments ' high contribution margins more than offset increased corporate expense associated with unwinding last year's COVID - 19 related cost actions , including full funding for employee bonuses . Adjusted net earnings were $ 814 million or $ 1.30 per diluted share . ( $ millions , except per share data , unaudited ) Revenue Merchant Solutions Banking Solutions Capital Market Solutions Corporate and Other Adjusted EBITDA Adjusted EBITDA Margin Net earnings ( loss ) attributable to FIS common stockholders ( GAAP ) Diluted EPS ( GAAP ) Adjusted net earnings Adjusted EPS * Indicates comparison not meaningful 2021 $ 3,223 966 1,540 625 92 1,308 40.6 % ( 373 ) ( 0.60 ) 814 1.30 $ Three Months Ended March 31 , % $ $ $ $ 2020 $ 3,078 935 1,444 597 102 1,247 40.5 % $ 15 $ 0.02 802 $ $ 1.28 $ Change 5 % 3 % 7 % 5 % ( 9 ) % 5 % 10 bps * 2 % 2 % Organic Growth 4 % 1 % 6 % 3 %