Euronet Reports Q2 Results: Revenue and EPS Miss Estimates While Maintaining FY24 Guidance
Friday, 19 July 2024, 04:39
Euronet Financial Overview
In the latest financial disclosure, Euronet Worldwide (EEFT) announced its performance for Q2. The results indicate some challenges in meeting analysts' expectations.
Key Financial Metrics
- Non-GAAP EPS of $2.25, missing by $0.04
- Revenue of $986.2M, 5% year-over-year growth, but falling short by $23.8M
- Adjusted EBITDA increased to $178.2 million, a 7% increase from last year
Future Outlook
Despite the setbacks in Q2, Euronet has reaffirmed its **EPS growth outlook** for **FY24**, demonstrating its commitment to improving operational performance moving forward.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.