Euronet Q1 2023 Earnings Report
Key Takeaways
Euronet Worldwide reported a strong first quarter in 2023, with a 10% increase in revenues to $787.2 million and a 24% increase in operating income to $45.6 million. Adjusted EPS increased by 26% to $0.87, and the company anticipates a strong second quarter with adjusted EPS expected to be $2.00.
Euronet reported record first quarter revenue and adjusted EPS.
The EFT segment saw recovery in profitable transactions and good performance from the POS acquiring business.
epay experienced continued demand for content sold through physical and digital channels.
Money Transfer saw growth in physical and digital distribution networks, including a 38% increase in transactions initiated in digital channels.
Euronet
Euronet
Euronet Revenue by Segment
Forward Guidance
The Company anticipates that its second quarter 2023 adjusted EPS will be $2.00.
Revenue & Expenses
Visualization of income flow from segment revenue to net income