Net 1 UEPS Technologies, Inc. (UEPS) Tops Q4 EPS by 58c, 2015 EPS Guidance Tops Views

Net 1 UEPS Technologies, Inc. (NASDAQ: UEPS) reported Q4 EPS of $0.91, $0.58 better than the analyst estimate of $0.33. Revenue for the quarter came in at $182.8 million versus the consensus estimate of $142.31 million.

Net 1 UEPS Technologies, Inc. sees FY2015 EPS of $1.92, versus the consensus of $1.56.

"I am proud of our financial achievements in fiscal 2014, which have provided the catalyst for our expected growth trajectory in fiscal 2015," said Herman Kotze, Chief Financial Officer of Net1. "For fiscal 2015, we expect fundamental earnings per share of at least $1.92, assuming a constant currency base of ZAR 10.40/$1 and a share count of 46 million shares. Our fiscal 2014 fundamental earnings per share included approximately $0.40 related to the recovery of our SASSA implementation costs, which will not recur in fiscal 2015," he concluded.

For earnings history and earnings-related data on Net 1 UEPS Technologies, Inc. (UEPS) click here.

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