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Net 1 UEPS Technologies (UEPS) Reports Q4 EPS of $0.29, Revenues Miss; Offers FY19 EPS Guidance Below Consensus

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Net 1 UEPS Technologies, Inc. Reports Preliminary Fourth Quarter and Full Year 2018 Results

August 29, 2018 4:05 PM EDT

JOHANNESBURG, South Africa, Aug. 29, 2018 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (Nasdaq: UEPS; JSE: NT1) today released preliminary unaudited results for the fourth quarter and full-year fiscal 2018.

We are pleased to report another successful quarter and fiscal year as we embark upon our transition to a stable and growing business, no longer dependent on our SASSA contract in South Africa. Fiscal 2018 was a turbulent year, and one where we have positioned our company for future growth through our strategic investments and the realignment of our vast payment infrastructure servicing the... More