Euronet Q2 2022 Earnings Report
Key Takeaways
Euronet Worldwide reported an 18% increase in revenue, a 236% increase in operating income, and a significant rise in adjusted EPS. The company benefited from the recovery in travel and the growth of its digital distribution networks across its EFT, epay, and Money Transfer segments.
Revenue increased by 18% year-over-year to $843.3 million.
Operating income saw a 236% increase year-over-year to $101.1 million.
Adjusted earnings per share increased by 226% to $1.73.
EFT Processing revenue increased 119% due to travel recovery and POS processing revenue.
Euronet
Euronet
Euronet Revenue by Segment
Forward Guidance
The Company anticipates its third quarter 2022 adjusted EBITDA will be in the range of approximately $210 million to $220 million and expects to complete the full year 2022 with adjusted EPS in the range of $6.30 to $6.40.
Revenue & Expenses
Visualization of income flow from segment revenue to net income