Euronet Worldwide (EEFT) Tops Q2 EPS by 41c

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Go back to Euronet Worldwide (EEFT) Tops Q2 EPS by 41c

Euronet Worldwide Reports Second Quarter 2020 Financial Results

July 29, 2020 12:10 AM EDT

LEAWOOD, Kansas, July 29, 2020 (GLOBE NEWSWIRE) -- Euronet Worldwide, Inc. (Euronet or the Company) (NASDAQ: EEFT), a leading electronic payments provider, reports second quarter 2020 financial results.

Euronet reports the following consolidated results for the second quarter 2020 compared with the same period of 2019:

Revenues of $527.8 million, a 24% decrease from $691.9 million (22% decrease on a constant currency(1) basis).Operating loss of ($101.3) million, compared to operating income of $117.9 million.Adjusted operating income(2) of $3.3 million (excluding a $104.6 million impairment of goodwill), a 97% decrease from $116.6 million (excluding a $1.3 million post-acquisition... More