Net 1 UEPS Technologies, Inc. (NASDAQ:UEPS) is reporting fourth quarter earnings results on Thursday 10th September 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 0.08 per share.
For the full year, analysts predict revenues of $ 223.51 million, while looking forward to loss of $ 0.91 per share.
Previous Quarter Performance
Net 1 UEPS Technologies, Inc. communicated loss for the third quarter of $ 0.11 per share, from the revenue of $ 36.51 million. Street analysts expected Net 1 UEPS Technologies, Inc. to report loss of $ 0.10 per share on revenue of $ 46.66 million for the third quarter. The bottom line results missed street analysts by $ 0.01 or 10 percent, at the same time, top line results fell short of analysts by $ 10.15 million or 21.75 percent.
Stock Performance
Shares of Net 1 UEPS Technologies, Inc. traded up $ 0.04 or 1.23 percent on Wednesday, reaching $ 3.29 with volume of 38.70 thousand shares. The stock opened positive for the day at $ 3.27, after closing the previous day trading at $ 3.25.
According to the previous trading day, closing price of $ 3.25, representing a 20.37 % increase from the 52 week low of $ 2.70 and a 26.97 % decrease over the 52 week high of $ 4.45.
The company has a market capital of $ 187.92 million and is part of the Industrials sector and Business Services industry.
Conference Call
Net 1 UEPS Technologies, Inc. will be hosting a conference call at 8:00 AM eastern time on 11th September 2020, to discuss its 4Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.net1.com
Net 1 UEPS Technologies, Inc. provides transaction processing services, financial inclusion products and services, and secure payment technologies in South Africa, the Republic of Korea, and internationally. The company develops and markets transaction processing solutions, including smart card-based alternative payment systems for the unbanked and under-banked populations of developing economies and for mobile transaction channels.
