- Euronet press launch (NASDAQ:EEFT): Q2 Non-GAAP EPS of $2.25 misses by $0.04.
- Income of $986.2M (+5.0% Y/Y) misses by $23.8M.
- Adjusted EBITDA of $178.2 million, a 7% improve from $165.8 million (10% improve on a relentless foreign money foundation).
- Euronet’s money and money equivalents had been $1,271.8 million and ATM money was $795.6 million, totaling $2,067.4 million as of June 30, 2024, and availability underneath its revolving credit score amenities was roughly $802.0 million.
- “Producing double-digit adjusted EPS development within the first two quarters of 2024 reinforces our confidence in delivering full yr adjusted EPS development inside our anticipated 10-15% vary (vs. the consensus development of $16.5%) and will increase our dedication to ship outcomes past the vary,” stated Michael J. Brown, Euronet’s Chairman and CEO.
