Euronet Q2 2023 Earnings Report
Key Takeaways
Euronet Worldwide reported an 11% increase in revenues to $939.1 million, a 21% increase in operating income to $122.6 million, and a 17% increase in adjusted earnings per share to $2.03 for the second quarter of 2023.
Money Transfer produced record second quarter results across all financial metrics, with margin expansion from growth in physical and digital transactions.
EFT experienced a continued recovery of profitable transactions and a strong quarter from the POS card acquiring business.
epay saw strong growth in content sold through physical and digital channels, with a benefit from promotional activity.
The company anticipates that its third quarter 2023 adjusted EPS will be $2.70.
Euronet
Euronet
Euronet Revenue by Segment
Forward Guidance
The Company anticipates that its third quarter 2023 adjusted EPS will be $2.70. This outlook does not include any change that may develop throughout the third quarter in foreign exchange rates, interest rates, and/or other unforeseen factors.
Revenue & Expenses
Visualization of income flow from segment revenue to net income