Euronet Worldwide reported an 11% increase in revenues to $957.7 million and a 35% increase in adjusted EPS to $1.88 for Q4 2023. The company exceeded guidance, driven by strong performance across all three segments and benefits from improved foreign exchange rates and a lower tax rate.
Revenues increased by 11% to $957.7 million.
Operating income increased by 23% to $97.4 million.
Adjusted EPS increased by 35% to $1.88.
EFT segment's adjusted operating income grew by 53%.
The Company anticipates its 2024 adjusted EPS will grow 10% to 15% year-over-year, consistent with its 10 and 20 year compounded annualized growth rates. This outlook does not include any changes that may develop in foreign exchange rates, interest rates or other unforeseen factors.
Visualization of income flow from segment revenue to net income