Euronet Worldwide, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 07, 2024 at 06:10 am EST
Share
Euronet Worldwide, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 957.7 million compared to USD 865.7 million a year ago. Net income was USD 69.3 million compared to USD 67.7 million a year ago. Diluted earnings per share from continuing operations was USD 1.43 compared to USD 1.31 a year ago.
For the full year, the company reported sales was USD 3,688 million compared to USD 3,358.8 million a year ago. Net income was USD 279.7 million compared to USD 231 million a year ago. Diluted earnings per share from continuing operations was USD 5.5 compared to USD 4.41 a year ago.
Euronet Worldwide, Inc. is a global financial technology solutions and payments provider. The Company operates through three segments. Its Electronic Funds Transfer (EFT) segment meets the needs of financial institutions and consumers through Euronet-owned and outsourced ATMs and POS terminals combined with value-added and transaction processing services. EFT offers a suite of integrated electronic financial transaction software solutions for electronic payment and transaction delivery systems. Its epay segment provides retail payment solutions and delivers connections between the digital content of the brands and consumers. Its Money Transfer segment provides global money transfers and currency exchange information in retail stores, apps, and websites through Ria Money Transfer, Xe and the Dandelion cross-border real-time payments network. Its Money Transfer segment offers real-time, cross-border payments to consumers and businesses across over 198 countries and territories.