Net 1 UEPS Technologies (UEPS) Tops Q2 EPS by 3c

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Net 1 UEPS Technologies, Inc. Reports Second Quarter 2017 Results

February 9, 2017 4:06 PM EST

JOHANNESBURG, SOUTH AFRICA -- (Marketwired) -- 02/09/17 -- Net 1 UEPS Technologies, Inc. (NASDAQ: UEPS) (JSE: NT1) today released results for Q2 2017.

Q2 2017 Revenue of $151.4 million, an increase of 1%;Q2 2017 Fundamental net income of $22.7 million, an increase of 15%; andQ2 2017 FEPS of $0.43, an increase of 2%, which includes a 12% adverse impact related to higher share count.

Summary Financial Metrics

Three months ended December 31, ------------------------------------------- % change % change 2016 2015 in USD in ZAR ---------- ---------- ---------- ---------- (All figures in USD '000s except per share data) Revenue 151,433 150,281 1% (0%) GAAP net income 18,641 16,658 12% 11% Fundamental net income (1) 22,648 19,619 15% 14% GAAP earnings per share ($) 0.35 0.35 0%... More