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Net 1 UEPS Technologies Inc (UEPS.OQ)

UEPS.OQ on NASDAQ Stock Exchange Global Select Market

10.35USD
16 Feb 2018
Change (% chg)

$0.86 (+9.06%)
Prev Close
$9.49
Open
$9.78
Day's High
$10.46
Day's Low
$9.78
Volume
261,830
Avg. Vol
127,573
52-wk High
$13.78
52-wk Low
$8.90

Latest Key Developments (Source: Significant Developments)

Net 1 Ueps Technologies Reports Q2 EPS $0.17
Thursday, 8 Feb 2018 04:05pm EST 

Feb 8 (Reuters) - Net 1 Ueps Technologies Inc ::REPORTS SECOND QUARTER 2018 RESULTS.Q2 REVENUE FELL 2 PERCENT TO $148 MILLION.QTRLY GAAP EARNINGS PER SHARE $0.17.  Full Article

Net1 Acquires Additional 5 Pct In Bank Frick
Thursday, 8 Feb 2018 09:32am EST 

Feb 8 (Reuters) - Net 1 Ueps Technologies Inc ::NET1 ACQUIRES ADDITIONAL 5% IN BANK FRICK; BANK TO EXPAND BLOCKCHAIN DEVELOPMENT GROUP.NET 1 UEPS TECHNOLOGIES INC - FOLLOWING SUCCESSFUL COMPLETION OF INVESTMENT, COMPANY WILL OWN 35% OF BANK FRICK.NET 1 UEPS TECHNOLOGIES - HAS AN OPTION, EXERCISABLE UNTIL OCT 2, 2019, TO ACQUIRE AN ADDITIONAL 35% INTEREST IN BANK FRICK.  Full Article

Net1 Appoints Alex Smith As CFO
Friday, 1 Dec 2017 03:00am EST 

Dec 1 (Reuters) - Net 1 Ueps Technologies Inc ::NET1 APPOINTS ALEX SMITH AS CHIEF FINANCIAL OFFICER.SAYS ‍ALEX REPLACES HERMAN G. KOTZE, WHO WAS APPOINTED AS CHIEF EXECUTIVE OFFICER IN JUNE 2017​.  Full Article

‍Digital Currency Exchange Bitstamp partners with Masterpayment for cryptocurrency purchases
Wednesday, 22 Nov 2017 09:00am EST 

Nov 22 (Reuters) - Net 1 Ueps Technologies Inc :‍Digital Currency Exchange Bitstamp announces Masterpayment as its new partner for credit card processing and acquiring of cryptocurrency purchases​.  Full Article

Net 1 UEPS Technologies reports first quarter 2018 results
Thursday, 9 Nov 2017 04:05pm EST 

Nov 9 (Reuters) - Net 1 Ueps Technologies Inc :Net 1 UEPS Technologies, Inc. reports first quarter 2018 results.Q1 revenue fell 8 percent to $153 million.Net 1 UEPS Technologies Inc - Q1 fundamental EPS of $0.43​.  Full Article

Net 1 UEPS Technologies Q4 GAAP shr $0.20
Thursday, 24 Aug 2017 04:05pm EDT 

Aug 24 (Reuters) - Net 1 UEPS Technologies Inc ::Net 1 UEPS Technologies Inc qtrly GAAP earnings per share $0.20 .Net 1 UEPS Technologies, Inc. Reports fourth quarter and full year 2017 results.Q4 revenue $155 million.Sees fy 2018 earnings per share at least $1.61.  Full Article

Net 1 UEPS Technologies enters into an equity implementation agreement
Monday, 26 Jun 2017 04:28pm EDT 

June 26 (Reuters) - Net 1 UEPS Technologies Inc ::Net 1 UEPS Technologies says on June 19, co through unit entered into an equity implementation agreement with Cell C Proprietary Ltd - SEC filing.Net 1 UEPS Technologies - on June 19, in connection with equity implementation agreement, Net1 SA entered into a subscription agreement with Cell C.Net 1 UEPS Technologies says equity implementation agreement also with 3C Telecommunications Proprietary Limited, certain other Cell C stakeholders.Net 1 UEPS Technologies - pursuant to Cell C subscription agreement, Net1 SA to purchase about 75 million class 'A' shares for purchase price of $155.3 million in cash.Net 1 UEPS Technologies Inc - expects to fund subscription agreement through combination of cash resources and debt facility from South African banks.  Full Article

Net 1 UEPS says would no longer be investing directly in Blue Label Telecoms Ltd‍​
Thursday, 1 Jun 2017 04:05pm EDT 

June 1 (Reuters) - Net 1 Ueps Technologies Inc ‍​:Net 1 ueps technologies inc - ‍net1 board statement on termination of blue label subscription agreement​.Net 1 ueps technologies inc- ‍recently appointed chief executive officer did not unilaterally terminate subscription agreement with blue label​.Net 1 ueps technologies inc- ‍decision not to invest was made by full net1 board before end of may 2017​.  Full Article

Net 1 UEPS Technologies Q3 revenue $147.9 million
Thursday, 4 May 2017 04:05pm EDT 

May 4 (Reuters) - Net 1 UEPS Technologies Inc ::Net 1 UEPS Technologies Inc reports third quarter 2017 results.Q3 revenue $147.9 million.Sees FY 2017 earnings per share at least $1.69.Qtrly GAAP earnings per share $0.34.Qtrly fundamental earnings per share $0.43.Net 1 UEPS Technologies - "we expect to make substantial progress towards completion of a number of investment transactions during last quarter of fiscal 2017".Net 1 UEPS Technologies Inc - reaffirm fundamental earnings per share guidance for fiscal 2017 to be at least $1.69.  Full Article

Net1 appoints Christopher Seabrooke board chairman
Thursday, 6 Apr 2017 04:05pm EDT 

Net 1 UEPS Technologies Inc : Net1: appoints new board chair, plans for further independent directors and appoints media relations agency . Net 1 UEPS Technologies Inc - board of directors has determined to split chairman and chief executive officer roles . Says Christopher Seabrooke appointed chairman of the board . Net 1 UEPS Technologies Inc - Serge Belamant has resigned as chairman but will remain a director . Net 1 UEPS Technologies Inc - in addition, board is actively seeking to appoint additional independent directors . Net 1 UEPS Technologies Inc - board expects that at least one director will be a person designated by international finance corporation . Net 1 UEPS Technologies Inc - Serge Belamant will also remain chief executive officer of company . Net 1 ueps - at such time as additional directors are appointed, board will review composition and chairmanship of all board committees .Net 1 UEPS Technologies Inc - intends to review relevant parts of company's ongoing business strategy and management structure.  Full Article

BRIEF-Net 1 Ueps Technologies Reports Q2 EPS $0.17

* QTRLY GAAP EARNINGS PER SHARE $0.17 Source text for Eikon: Further company coverage: