Net 1 Reports First Quarter 2020 Results
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Net 1 UEPS Technologies (UEPS) Reports In-Line Q1 EPS, Revenues Beat
November 7, 2019 5:34 PM ESTNet 1 UEPS Technologies (NASDAQ: UEPS) reported Q1 EPS of ($0.02), in-line with the analyst estimate of ($0.02). Revenue for the quarter came in at $80.76 million versus the consensus estimate of $70.05 million.
Q1 2020 Highlights:
Revenue of $80.8 million, GAAP EPS of $(0.08) and Fundamental EPS of $(0.02);Operating loss of $2.7 million and adjusted EBITDA of $2.8 million;South African operations remained stable and KSNET operating and EBITDA margin... More