Net 1 UEPS Technologies (UEPS) Reports Q3 EPS of $0.95, Beats on Revenues

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

May 10, 2018 4:05 PM EDT

JOHANNESBURG, South Africa, May 10, 2018 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (Nasdaq: UEPS) (JSE: NT1) today released results for the third quarter fiscal 2018.

Q3 2018 revenue of $163 million, 10% higher in USD and Fundamental EPS of $0.95 (including $0.52 fair value adjustment related to Cell C investment);  Q3 2018 cash flow from operations of $85.2 million; Reiterate FY 2018 constant currency FEPS guidance of at least $1.61 per share, excluding any fair value adjustments.

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