Euronet Q3 2021 Earnings Report
Key Takeaways
Euronet Worldwide reported a strong third quarter 2021, with revenues increasing by 23% to $816.6 million and operating income increasing by 73% to $114.5 million. The company's performance was driven by improvements in global travel and strong growth in its EFT, epay, and money transfer segments. Adjusted earnings per share increased by 58% to $1.77.
Revenues increased by 23% to $816.6 million.
Operating income increased by 73% to $114.5 million.
Adjusted earnings per share increased by 58% to $1.77.
EFT transactions rebounded with the increase in European travel.
Euronet
Euronet
Euronet Revenue by Segment
Forward Guidance
The Company anticipates that its fourth quarter 2021 revenues will be generally in-line with the third quarter, recognizing seasonal shifting in the mix of revenue between the EFT and epay segments. Adjusted EBITDA is expected to be in the range of approximately $120 million to $130 million. This outlook does not include any change in foreign exchange rates, changes in COVID-19 containment, adjustments to intangible and other long-lived assets or unusual factors that may develop throughout the quarter.
Revenue & Expenses
Visualization of income flow from segment revenue to net income