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EML EML Payments News Story

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IndustrialsAdventurousSmall CapValue Trap

Australia's EML Payments hits over 7-month low on dour quarterly results

** Shares of EML Payments EML.AX fall as much as 8% to A$0.81, their lowest level since April 9

** The payment solutions provider set for its worst day since early April, if losses hold

** Co posts a 42% drop in underlying EBITDA for first quarter and 2% decline in total revenue

** Posts 10% decline in interest revenue due to central bank reductions over the last 12 months

** Stock largely unchanged this year, including the day's move

 (Reporting by John Biju in Bengaluru)

 ((John.Biju@thomsonreuters.com;))

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