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Euronet Enjoys Transaction Strength, but Takes a Tax Hit [The Motley Fool]

EURONET WORLDWIDE (EEFT)  More Company Research Source: The Motley Fool
Last euronet worldwide earnings: 4/24 09:26 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.euronetworldwide.com
PDF The company finishes 2017 with a credible performance, but records a fourth-quarter loss due to tax and impairment charges. Euronet Worldwide ( NASDAQ:EEFT )  closed out 2017 on a positive note in earnings released on Feb. 6, as strength in its ATM transaction network shored up overall fourth-quarter earnings results. Euronet also recorded impairment and tax charges in the fourth quarter, which we'll dive into below, among other details, after a review of the headline numbers. Euronet earnings: The raw numbers Metric Q4 2017 Q4 2016 Year-Over-Year Growth Revenue $604.6 million $519.8 million 16.3% Net income ($22.9 million) $28.9 million N/A* Diluted earnings per share ($0.44) $0.54 N/A Data source: Euronet Worldwide. *Difference too large to provide a meaningful comparison. What happened with Euronet this quarter? Euronet's loss resulted primarily from adjustments made in accordance with the recent tax legi [Read more]

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