euronet worldwide inc (EEFT) Key Developments
Euronet Worldwide Inc. and Flipkart Partner to Launch Gift Codes Through Online Banking Channel in India
Nov 4 14
Euronet Worldwide Inc. announced a strategic partnership with Flipkart to distribute Flipkart digital gift codes across the country. Indian consumers across major banks will soon be able to use their online-banking portals and mobile banking applications to purchase digital codes which can be delivered instantly via their email accounts or through a text message in a secure fashion, using Euronet's world class electronic transaction processing services. These digital gift codes act as payment instruments for making ecommerce purchases and as effective alternatives to other conventional means of payment. The customer will not just be able to gift these codes, but also use them for self-consumption on Flipkart.com.
Euronet Seeks Acquisitions
Oct 30 14
Euronet Worldwide Inc. (NasdaqGS:EEFT) is looking for acquisition opportunities. Euronet has announced $350 million in a private offering. Euronet intends to use the proceeds for general corporate purposes, which may include additional share repurchases or acquisitions.
Euronet Worldwide Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter Ended September 30, 2014; Provides Adjusted Cash Earnings Guidance for the Fourth Quarter 2014
Oct 22 14
Euronet Worldwide Inc. announced unaudited consolidated earnings results for the third quarter ended September 30, 2014. For the quarter, the company reported revenues of $453.4 million against $360.6 million a year ago. Operating income was $50.7 million against $55.3 million a year ago. Income before income taxes was $47.7 million against $58.7 million a year ago. Net income was $34.9 million against $48.0 million a year ago. Net income attributable to the company was $35.0 million against $47.9 million a year ago. Diluted earnings per share attributable to the company were $0.64 against $0.92 a year ago. Earnings before interest, taxes, depreciation, amortization and share-based compensation (Adjusted EBITDA) were $73.1 million against $53.8 million a year ago. Adjusted cash earnings were $43.9 million against $29.4 million a year ago. Diluted adjusted cash earnings per share were $0.80 against $0.56 a year ago. Cash earnings per share was at $0.80.
The company currently expects adjusted cash earnings per share for the fourth quarter 2014, assuming foreign currency exchange rates remain stable through the end of the quarter, to be approximately $0.72.
Euronet Worldwide Inc. Presents at Wells Fargo Technology, Media and Telecom Conference 2014, Nov-13-2014 11:20 AM
Oct 15 14
Euronet Worldwide Inc. Presents at Wells Fargo Technology, Media and Telecom Conference 2014, Nov-13-2014 11:20 AM. Venue: The Waldorf Astoria, 301 Park Avenue, New York, NY 10022, United States. Speakers: Rick L. Weller, Chief Financial Officer, Chief Accounting Officer and Executive Vice President.
Euronet Worldwide Inc. to Report Q3, 2014 Results on Oct 23, 2014
Oct 8 14
Euronet Worldwide Inc. announced that they will report Q3, 2014 results at 9:00 AM, Eastern Daylight on Oct 23, 2014