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Net 1 UEPS Technologies (UEPS) Reports Q4 Revenues Beat

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Net 1 UEPS Technologies, Inc. Reports Preliminary Fourth Quarter and Full Year 2019 Results

September 26, 2019 4:05 PM EDT

JOHANNESBURG, South Africa, Sept. 26, 2019 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (Nasdaq: UEPS; JSE: NT1) today released preliminary unaudited results for the fourth quarter and full year fiscal 2019.

Preliminary Q4 2019 Highlights:

Revenue of $71.2 million, GAAP EPS of $(2.63) and Fundamental EPS of $(2.45);Fundamental EPS of $(2.45) includes $125.4 million, or $2.21 per share of non-cash fair value loss adjustments for Cell C, net of tax, and $13.7 million, or $0.24 per share for impairments of the Cedar Cellular note and... More