Euronet Worldwide ( (EEFT) ) has released its Q1 earnings. Here is a breakdown of the information Euronet Worldwide presented to its investors.
Euronet Worldwide, Inc., a prominent global financial technology solutions and payments provider, offers a comprehensive range of services including money transfers, credit/debit card processing, and ATM services across more than 200 countries. The company is headquartered in Leawood, Kansas, and operates a vast network of financial services globally.
In its first quarter of 2025, Euronet Worldwide reported record results with a notable 18% growth in operating income. The company achieved a 7% increase in revenues, reaching $915.5 million, and an adjusted EBITDA growth of 9%, indicating strong financial performance. The expansion of its cross-border payments network was a key highlight of the quarter.
Key financial metrics for the quarter included a net income of $38.4 million, translating to $0.85 diluted earnings per share, up from $26.2 million or $0.55 per share the previous year. The EFT Processing Segment saw a 7% revenue increase, while the Money Transfer Segment reported a 9% revenue increase, driven by strong cross-border transaction growth. The epay Segment also showed growth, albeit at a slower pace, due to a one-time tax charge.
Euronet’s strategic focus on high-value digital payments and cross-border transactions has paid off, with all segments contributing to the earnings growth. The company also expanded its operations into new markets, including the Dominican Republic and Peru, further solidifying its global presence.
Looking ahead, Euronet Worldwide remains optimistic about its growth prospects, reaffirming its expectation of 12% to 16% earnings growth for the year. The company’s diversified global business and strategic initiatives in digital payments position it well for continued success in the evolving financial landscape.