Net 1 UEPS Technologies (UEPS) Tops Q4 EPS by 11c, Offers Outlook

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Net 1 UEPS Technologies, Inc. Reports Fourth Quarter and Full Year 2015 Results

August 20, 2015 4:05 PM EDT

JOHANNESBURG, SOUTH AFRICA -- (Marketwired) -- 08/20/15 --

Q4 2015 Revenue and FEPS of $164 million and $0.58, a constant currency increase after adjusting for the SASSA recovery in 2014, of 22% and 30%, respectively;Strategic investments in Hong Kong and Nigeria-based businesses and ZAZOO partnerships with Funifi and BitX; andCash and equivalents of $117.6 million as of June 30, 2015, and operating cash flow of $31.8 million in Q4 2015.

Net 1 UEPS Technologies, Inc. (NASDAQ: UEPS) (JSE: NT1) today released results for the fourth quarter and full-year fiscal 2015.

Summary Financial Metrics Three months... More