- Press release from Euronet (NASDAQ: EFT): Non-GAAP EPS for the second quarter was $2.25. Error by $0.04.
- Revenue of $986.2 million (+5.0% year-over-year) Fails by $23.8 million.
- Adjusted EBITDA was $178.2 million, an increase of 7% compared to $165.8 million (up 10% on a constant currency basis).
- Cash and Euronet equivalents amounted to $1,271.8 million. Total cash on hand at ATMs was $795.6 million, totaling $2,067.4 million as of June 30, 2024, and availability under the revolving credit facility was approximately $802.0 million.
- “Double-digit adjusted EPS growth in the first two quarters of 2024 reinforces our confidence in delivering full-year adjusted EPS growth within our expected range of 10% to 15% (versus consensus growth of 16.5%) and increases our determination to deliver results that exceed the range,” said Michael J. Brown, Chairman and CEO of Euronet.
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