Net 1 UEPS Technologies (UEPS) Reports Q3 Loss of $0.62
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Net 1 UEPS Technologies, Inc. Reports Third Quarter 2019 Results
May 9, 2019 4:06 PM EDTJOHANNESBURG, South Africa, May 09, 2019 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (Nasdaq: UEPS; JSE: NT1) today released results for the third fiscal quarter ended March 31, 2019.
 Q3 2019 Highlights:
Revenue of $86.5 million, GAAP EPS of $(0.96) and Fundamental EPS of $(0.62)Fundamental EPS of ($0.62) includes $25.2 million, or $0.44 per share of non-cash fair value loss adjustments for Cell C, net of tax, and the impairment of the Cedar Cell note;Operating loss of $21.7 million, Adjusted EBITDA improved sequentially to a loss of $(1.1) million;Early-settlement of long-term South African debt on... More