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Cardtronics (NASDAQ: CATM), the leading ATM owner/operator globally, announced its participation in the Needham Technology and Media Conference on May 20, 2020, at 10:45 a.m. ET. Interested investors can access the presentation through Cardtronics' investor relations website. With approximately 285,000 ATMs across 10 countries, Cardtronics supports cash transactions and delivers innovative ATM solutions for businesses and financial service providers. The company also operates the Allpoint Network, the largest surcharge-free ATM network with over 55,000 locations, promoting cash access for consumers.
Cardtronics plc (NASDAQ: CATM) reported Q1 2020 earnings with total revenues of $306.6 million, down 4% from the previous year. ATM operating revenues also decreased 4%, while GAAP net income increased by 33% to $5.8 million, or $0.13 per share. Adjusted net income per share rose 20% to $0.42, with adjusted EBITDA up 4% to $63.7 million. The company emphasized its operational strength amid the COVID-19 pandemic, highlighting its role in providing cash access. Recent trends show a recovery in withdrawal transactions in the U.S., alongside new partnerships to expand ATM access.
