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Net 1 UEPS Technologies Inc reports results for the quarter ended in March - Earnings Summary

* Net 1 UEPS Technologies Inc  UEPS.OQ  reported a quarterly
adjusted loss of 11 cents​​ per share for the quarter ended
in March. The lone analyst forecast for the quarter was for a
loss of 20 cents per share.
* Revenue fell 48.1% to $28.83 million from a year ago​; 
analysts expected $32.92 million.
* Net 1 UEPS Technologies Inc's reported EPS for the quarter was
a loss of 11 cents​.
* The mean earnings estimate of analysts had fallen by
about 233.3% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Net 1 UEPS Technologies Inc shares had fallen by 6.2% this
quarter and gained 6.7% so far this year.
* The company reported a quarterly loss of $6.2 million.
* Wall Street's median 12-month price target for Net 1 UEPS
Technologies Inc is $7.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
This summary was machine generated May 7 at 10:16 a.m. GMT. ​All
figures in US Dollars.​

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