Net 1 UEPS Technologies (UEPS) Reports In-Line Q1 EPS

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Net 1 UEPS Technologies, Inc. Reports First Quarter 2016 Results

November 5, 2015 4:07 PM EST

JOHANNESBURG, SOUTH AFRICA -- (Marketwired) -- 11/05/15 -- Net 1 UEPS Technologies, Inc. (NASDAQ: UEPS) (JSE: NT1) today released results for the first quarter of fiscal 2016.

Q1 2016 Revenue and FEPS of $154.5 million and $0.56, a constant currency increase of 19% and 16% respectively.More than 350,000 EPE cards issued and approximately 750 ATMs deployed to October 2015; andSASSA cancels tender process resulting in contract to March 2017, and Court dismisses U.S. class action lawsuit. Summary Financial Metrics Three months ended September 30, ----------------------------------- % change % change 2015 2014 in USD in ZAR -------- -------- -------- -------- (All figures in USD '000s except per share data)... More