Net 1 UEPS: Fiscal 1Q Earnings Snapshot
JOHANNESBURG (AP) _ Net 1 UEPS Technologies Inc. (UEPS) on Thursday reported a fiscal first-quarter loss of $4.4 million, after reporting a profit in the same period a year earlier.
The Johannesburg-based company said it had a loss of 8 cents per share. Losses, adjusted for non-recurring costs and stock option expense, were 2 cents per share.
The payments company posted revenue of $80.8 million in the period.
The company’s shares closed at $2.91. A year ago, they were trading at $6.72.