Net 1 UEPS Technologies (UEPS) Tops Q1 EPS by 5c

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Net 1 UEPS Technologies, Inc. Reports First Quarter 2018 Results

November 9, 2017 4:05 PM EST

JOHANNESBURG, SOUTH AFRICA -- (Marketwired) -- 11/09/17 --

Net 1 UEPS Technologies, Inc. (NASDAQ: UEPS) (JSE: NT1) today released results for the first quarter fiscal 2018.

Q1 2018 Revenue of $153 million, 8% lower in constant currency; Q1 2018 FEPS of $0.43, which reflects the adverse impact of a higher share count, taxes and interest expense; Concluded investment in Bank Frick for $41 million and repaid Korean debt in full in October 2017. Summary Financial Metrics Three months ended September 30, ---------------------------------------- % change % change 2017 2016 in USD in ZAR ---------------------------------------- (All figures in USD '000s except per share data) Revenue... More