Net 1 UEPS Technologies (UEPS) Tops Q3 EPS by 9c

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Net 1 UEPS Technologies, Inc. Reports Third Quarter 2015 Results

May 7, 2015 4:06 PM EDT

JOHANNESBURG, SOUTH AFRICA -- (Marketwired) -- 05/07/15 --

Q3 2015 Revenue and FEPS of $151.1 million and $0.57, a constant currency increase of 18% and 30%, respectively;Cash and equivalents of $111.0 million as of March 31, 2015 and operating cash flow of $49.3 million in Q3 2015.

Net 1 UEPS Technologies, Inc. (NASDAQ: UEPS) (JSE: NT1) today released results for the third quarter of fiscal 2015.

Summary Financial Metrics Three months ended March 31, ------------------------------------- % change % change 2015 2014 in USD in ZAR -------- -------- --------- --------- (All figures in USD '000s except per share data) Revenue 151,121 138,126 9% 18% GAAP net income 24,358 17,182 42% 53% Fundamental net income (1) 26,519 21,688 22% 32% GAAP... More