Core Insights - Euronet Worldwide, Inc. reported strong financial results for the first quarter of 2025, achieving double-digit constant currency growth in adjusted operating income and adjusted EBITDA, with an 18% increase in adjusted operating income compared to the previous year [4][5]. Financial Performance - Total revenues reached 857.0 million, with a 9% increase on a constant currency basis [8]. - Operating income was 64.0 million, translating to a 22% increase on a constant currency basis [8]. - Adjusted EBITDA was 108.8 million, with a 12% increase on a constant currency basis [8]. - Net income attributable to Euronet was 0.85 diluted earnings per share, compared to 0.55 diluted earnings per share [8]. Segment Performance - The EFT Processing Segment reported revenues of 217.2 million, with a 10% increase on a constant currency basis [9]. - The Money Transfer Segment experienced constant currency revenue growth driven by double-digit growth in cross-border transactions, with direct-to-consumer digital transactions growing by 31% [11]. - The epay Segment's revenue growth was supported by continued payments and digital media growth, although operating income growth was impacted by a one-time tax resolution payment [10]. Operational Highlights - Euronet expanded its cross-border payments network and launched operations in the Dominican Republic and Peru [10]. - The company operated 55,512 ATMs as of March 31, 2025, a 5% increase from the previous year [9]. - The company repurchased 0.6 million shares for 1,393.6 million as of March 31, 2025, up from 2,202.5 million as of March 31, 2025, compared to $1,949.8 million at the end of 2024 [13].
Euronet Worldwide Reports First Quarter 2025 Financial Results - Highlighted by 18% Operating Income Growth