Net 1 UEPS Technologies (UEPS) Misses Q1 EPS by 13c, Revenues Miss; Lowers FY19 EPS Guidance
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Net 1 UEPS Technologies, Inc. Reports First Quarter 2019 Results
November 8, 2018 4:05 PM ESTJOHANNESBURG, South Africa, Nov. 08, 2018 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (Nasdaq: UEPS; JSE: NT1) today released results for the first fiscal quarter ended September 30, 2018.
 Q1 2019 Highlights:
Revenue of $126 million and Fundamental EPS of $0.01 (including a loss of $0.28 per share related to CPS);Adjusted EBITDA of $13 million and free cash flow of $13 million, despite CPS losses;Korea EBITDA margin improved sequentially to 22%, from 20% in Q4 2018;Net cash increased to $50 million, from $40 million in Q4 2018;Active EPE accounts declined to 1.7 million in October,... More
