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Euronet Worldwide Inc - EEFT STOCK NEWS

Welcome to our dedicated news page for Euronet Worldwide (Ticker: EEFT), a resource for investors and traders seeking the latest updates and insights on Euronet Worldwide.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Euronet Worldwide's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Euronet Worldwide's position in the market.

News
Euronet and SOFTONE Group Announce Agreement to Provide Integrated Merchant Acquiring Services in Greece
Rhea-AI Summary
Euronet and SOFTONE Group have announced a partnership to provide integrated merchant acquiring services in Greece, combining their customer base of over 285,000 merchants. This collaboration aims to offer cost-effective solutions for online and brick-and-mortar merchants by integrating SOFTONE's ERP solutions, enterprise mobility applications, and retail and restaurant management solutions with Euronet's merchant acquiring platform. The partnership is part of Euronet's global expansion strategy to strengthen its market presence in existing markets and expand to new territories, while SOFTONE aims to provide innovative cloud-based software solutions to drive sustainable growth for businesses in Greece and Southeast Europe.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.82%
Tags
acquisition
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News
Euronet Announces First Quarter 2024 Earnings Release Date and Conference Call Details
Rhea-AI Summary
Euronet (EEFT) has announced the release date for its first quarter 2024 earnings and details for the accompanying conference call. The earnings results will be disclosed on May 1, 2024, with a conference call scheduled at 9:00 a.m. Eastern Time on the same day. Participants can access the call via webcast or telephone registration. A webcast replay will also be available for one year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.58%
Tags
earnings
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News
Euronet Announces Appointment of Sara Baack to Its Board of Directors
Rhea-AI Summary
Euronet (NASDAQ: EEFT) appoints Sara Baack to the Board of Directors, expanding the board to nine members. Sara brings extensive product development and marketing experience, enhancing Euronet's expansion plans. She is a Founding Partner at Snowhawk LP and has served in key roles at Equinix, Inc. Sara's appointment signifies Euronet's focus on future business needs and growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.85%
Tags
management
News
Euronet Announces Acquisition of Infinitium, a Leading Digital Payments Company in Southeast Asia
Rhea-AI Summary
Euronet acquires Infinitium Holdings, a digital payments company based in Singapore, to enhance its Ren payments platform with industry-leading technology for risk management and payment authentication. Infinitium provides 3D Secure services to combat fraud in online transactions, catering to a global market with a focus on Southeast Asia. The acquisition aims to bolster Euronet's capabilities in addressing consumer fraud and merchant chargebacks, tapping into the growing e-commerce market valued at $8.1 trillion by 2026.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.24%
Tags
acquisition
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News
Euronet Reports Fourth Quarter and Full Year Financial Results
Rhea-AI Summary
Euronet Worldwide, Inc. reports a 10% increase in revenues for the full year 2023 compared to 2022, with adjusted earnings per share growing by 15%. The company's cash and cash equivalents were $1,779.4 million as of December 31, 2023, and availability under its revolving credit facilities was approximately $661.2 million. The EFT Processing Segment saw a 13% increase in revenues for the fourth quarter 2023 compared to the same period in 2022, while the epay Segment reported an 8% increase in revenues for the full year 2023 compared to 2022. The Money Transfer Segment experienced an 8% increase in revenues for the full year 2023 compared to 2022, with a 20% increase in operating income. The company anticipates its 2024 adjusted EPS to grow 10% to 15% year-over-year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.58%
Tags
earnings
-
News
Euronet Expands Independent ATM Network Into Belgium and Mexico
Rhea-AI Summary
Euronet (NASDAQ: EEFT) expands its independent ATM network (IAD) to include 32 countries in Europe and 38 countries globally, with new launches in Belgium and Mexico. This signifies the company's entry into the emerging LATAM market and strengthens its presence in Europe. The expansion demonstrates effective execution of the company's global expansion strategy, with recent initiatives in Europe, Northern Africa, and Southeast Asia.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.69%
Tags
none
News
Euronet Collaborates with Banco Guayaquil to Enhance Transaction Switching Solutions and Enable Advanced Banking Technology Integrations in Ecuador
Rhea-AI Summary
Euronet (NASDAQ: EEFT) has announced a multi-year agreement with Banco Guayaquil to revolutionize transaction-switching solutions for VISA, MasterCard, and American Express. The deployment of Euronet's Ren payments platform and SaaS model will enhance compliance, operational uptime, and technology adaptability at the bank, impacting millions of cards and overseeing millions of transactions monthly. The agreement includes phased migration, zero-downtime transition, compliance and uptime improvements, and adoption of open banking and new technologies, positioning Banco Guayaquil at the forefront of digital innovation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.28%
Tags
none
-
News
Euronet Announces Fourth Quarter and Full Year 2023 Earnings Release Date and Conference Call Details
Rhea-AI Summary
Euronet (NASDAQ: EEFT) will release Q4 and full year 2023 earnings on February 7, 2024. A conference call will be held at 9:00 a.m. ET on the same day to discuss the results. Webcast and dial-in information is available on http://ir.euronetworldwide.com. A webcast replay will be available for one year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.24%
Tags
earnings
-
News
Euronet Partners with Banco Pichincha to Modernize Card Processing and Issuing in Ecuador
Rhea-AI Summary
Euronet has announced a multi-year partnership with Banco Pichincha, Ecuador's largest private bank, for prepaid and debit card issuing and processing services. The partnership will utilize Euronet's Ren payments platform to enhance Pichincha's payments platform, introduce innovative products, and expand regionally. The agreement also includes integration with Visa and Mastercard and opens the door for future technologies such as real-time payment processing and cross-border payments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.39%
Tags
partnership
News
Euronet Worldwide Reports Third Quarter 2023 Financial Results
Rhea-AI Summary
Euronet Worldwide reports Q3 2023 financial results with revenues of $1,004.0 million, an 8% increase from the same period last year. Operating income decreased by 1% and adjusted EBITDA remained consistent. Net income attributable to Euronet was $104.2 million. The company anticipates Q4 2023 adjusted EPS to be $1.75 and projects a 10-15% year-over-year growth in adjusted EPS for 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.93%
Tags
earnings
Stock EEFT logo
Euronet Worldwide Inc

Nasdaq:EEFT

EEFT Rankings

#1224 Ranked by Market Cap
#2523 Ranked by Stock Gains
N/A Ranked by Dividends

EEFT Stock Data

4.78B
42.94M
5.97%
93.63%
1.65%
Data Processing, Hosting, and Related Services
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Leawood

About EEFT

euronet worldwide (nasdaq:eeft) is a global leader in processing secure electronic financial and payment transactions. our service segments include financial institutions, mobile operators, merchants, and money transfer sending and receiving agents. we operate one of the largest independent atm networks in europe and the largest shared atm network in india. our proprietary software offers comprehensive software solutions to leading financial institutions around the world. we are the world's largest processor of prepaid mobile airtime and we are the third-largest global money transfer company. our global focus is supported by extensive in-country operations across the united states, europe, middle east and asia-pacific. so whether you are transacting around the corner or around the globe, we are committed to extending the convenience and simplicity of our electronic payment solutions to our customers in emerging and developed markets.