QIWI Announces First Quarter 2019 Financial Results

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QIWI plc (QIWI) Tops Q1 EPS by 6c, Revenues Beat; 'Upgrades' FY19 Outlook

May 16, 2019 6:33 AM EDT

QIWI plc (NASDAQ: QIWI) reported Q1 EPS of $0.33, $0.06 better than the analyst estimate of $0.27. Revenue for the quarter came in at $82.9 million versus the consensus estimate of $64.88 million.

Total Adjusted Net Revenue increased 31% to RUB 5,367 million ($82.9 million)Payment Services Segment Net Revenue increased 32% to RUB 4,836 million ($74.7 million)Adjusted EBITDA increased 61% to RUB 2,336 million ($36.1 million)Adjusted Net Profit increased 53% to RUB 1,653 million ($25.5 million), or RUB 26.64 per diluted sharePayment Services Segment Net Profit increased 35% to RUB 2,988 million ($46.2 million) or RUB 48.17 per diluted shareTotal Payment Services volume increased 31% to RUB... More