Brief: Net1 Reschedules Q4 2019 Results And Call Following Delay Due To Cell C Reports Preliminary Q4 2019 Highlights

Lesaka Technologies

10/09/2019 14:04

Sept 10 (Reuters) - Net 1 UEPS Technologies Inc  UEPS.O :
    * NET1 RESCHEDULES Q4 2019 RESULTS AND CALL FOLLOWING DELAY
DUE TO
CELL C; REPORTS PRELIMINARY Q4 2019 HIGHLIGHTS
    * NET 1 UEPS TECHNOLOGIES INC - WILL NOW RELEASE Q4 AND YEAR
END
2019 RESULTS AFTER MARKET CLOSE ON SEPTEMBER 26, 2019
    * NET 1 UEPS TECHNOLOGIES INC -  Q4 2019 CONSOLIDATED
REVENUE IS
EXPECTED TO BE ABOUT $70 MILLION
    * NET 1 UEPS TECHNOLOGIES INC - ACTIVE EPE CUSTOMER BASE
REMAINED
STABLE AT 1.1 MILLION AS OF JUNE 30, 2019
    * NET 1 UEPS TECHNOLOGIES INC - EXPECTS ADJUSTED EBITDA LOSS
FOR
Q4 2019
    * NET 1 UEPS TECHNOLOGIES INC - SOUTH AFRICAN OPERATIONS ARE
EXPECTED TO ACHIEVE EBITDA BREAKEVEN IN MONTH OF JULY 2019

Source text for Eikon:  ID:nGNX21k6Rv 
Further company coverage:  UEPS.O 

 ((Reuters.Briefs@thomsonreuters.com;))