QIWI Announces Third Quarter 2019 Financial Results
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QIWI plc (QIWI) Misses Q3 EPS by 4c, Revenues Beat
November 20, 2019 6:34 AM ESTQIWI plc (NASDAQ: QIWI) reported Q3 EPS of $0.29, $0.04 worse than the analyst estimate of $0.33. Revenue for the quarter came in at $93 million versus the consensus estimate of $88.31 million.
Third Quarter 2019 Operating and Financial Highlights
Total Adjusted Net Revenue increased 15% to RUB 5,993 million ($93.0 million)
Payment Services Segment Net Revenue increased 29% to RUB 5,484 million ($85.1 million)
Adjusted EBITDA increased 54% to RUB 2,516 million ($39.1 million)
Adjusted Net Profit increased 62% to RUB 1,893 million ($29.4 million), or RUB 30.30 per diluted share
Payment Services Segment Net Profit increased 31% to RUB 3,259 million ($50.6 million) or RUB 52.15 per diluted share
Total Payment Services... More
